International Arms Sale Code of Conduct Act of 1998

[AI summary unavailable — showing source text] International Arms Sales Code of Conduct Act of 1998 - Directs the President to attempt, through negotiations with all Wassenaar Arrangement countries, to achieve the foreign policy goal of an international arms sales code of conduct that restricts or prohibits arms transfers to countries that: (1) do not respect democratic processes and the rule of law; (2) do not adhere to internationally recognized norms on human rights; or (3) are engaged in acts of armed aggression. Directs the President to report on such negotiations to the appropriate congressional committees.…