Are items freely exportable between countrys that are party to this agreement?

Systems that do not meet those conditions are export-controlled if they use symmetric encryption with more than 56 bit keys, algorithms based on factorization or on logarithms in finite fields with more than 512 bit keys (e.g. RSA, DH) or on discrete logarithms in other groups (such as elliptic curves) with more than 112 bits. They may be exported for personal use.