By the time COCOM dissolved on March 31, 1994, negotiations on a successor regime had been underway for a year. The new group of 28 countries, known as the "New Forum," reached agreement on principles for export controls on September 11-12, 1995. It then developed into "The Wassenaar Arrangement for Export Controls for Conventional Arms and Dual Use Goods and Technologies," deriving its name from The Hague suburb where it was agreed on December 18, 1995. The "Initial Elements" foundation document was adopted on July 12, 1996, and the Secretariat opened in the fall of 1996. The first review conference will be held in 1999.