With a view to liberalizing access to missile technologies, the MTCR would therefore remain a central instrument, since it would continue to regulate sensitive exports. Admittedly, its final binding effects could, in the short term, be further attenuated, turning the regime into a forum for harmonization.

The Hague Code of Conduct against Ballistic Missile Proliferation (HCoC), which came into effect on 25 November 2002, aims to strengthen efforts to curb ballistic missile proliferation worldwide, thereby supplementing the Missile Technology Control Regime, which restricts access to technologies needed to develop such systems. Ballistic missiles are the favoured delivery vehicles for weapons of mass destruction and therefore have a destabilising effect on regional and global security.