Tuesday, December 27, 2011

Japan to Ease Ban on Arms Exports

TOKYO?Japan's Cabinet decided Tuesday to effectively lift a four-decade self-imposed ban on weapons shipments that has nominally prohibited Japanese arms makers from joint development and export of military technology.

The move to abandon the Cold War-era restrictions comes as Japan seeks to defer costs for developing and manufacturing advanced technology in areas such as ballistic missile defense and jet fighters. While there have been many exceptions in the past, the decision marks the first major revision since the ban was introduced in 1967 and tightened in 1976.

"Whereas previously exceptions have been granted on a case-by-case basis, we will now ...

TOKYO?Japan's Cabinet decided Tuesday to effectively lift a four-decade self-imposed ban on weapons shipments that has nominally prohibited Japanese arms makers from joint development and export of military technology.

The move to abandon the Cold War-era restrictions comes as Japan seeks to defer costs for developing and manufacturing advanced technology in areas such as ballistic missile defense and jet fighters. While there have been many exceptions in the past, the decision marks the first major revision since the ban was introduced in 1967 and tightened in 1976.

"Whereas previously exceptions have been granted on a case-by-case basis, we will now ...

Source: http://online.wsj.com/article/SB10001424052970203479104577123710031180408.html?mod=fox_australian

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