Friday, August 31, 2018

Citing Chinese And North Korean Threats Japan Is Raising Its Defense Budget Again

A Japan Self-Defense Forces (JSDF) soldier takes part in a drill to mobilise their Patriot Advanced Capability-3 (PAC-3) missile unit in response to a recent missile launch by North Korea, at U.S. Air Force Yokota Air Base in Fussa on the outskirts of Tokyo, Japan August 29, 2017. REUTERS/Issei Kato

CNN: Japan military budget grows for seventh year in face of North Korean threat

Japan looks set to beef up its military budget for the seventh year in a row under Prime Minister Shinzo Abe in the face of a rising threat from North Korea and an expanding China.

In a budget draft approved Friday, the Japanese government raised military spending by 2.1% to 5.2 trillion yen ($47.6 billion). It will still need to be approved by the Japanese parliament, the Diet, at a later date.

Among the big ticket purchases laid out in the budget are two Aegis Ashore land-based, anti-ballistic missile defense systems, worth $266 million, and six advanced F-35A fighters costing $89.6 million.

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More News On Japan Raising Its Defense Budget Again

Japan’s Defense Ministry eyes record defense budget amid North Korean and Chinese threats -- Japan Times/Reuters
Japan's military seeks record spending to reinforce N.Korea missile defenses -- CNBC
Japan eyes record $65 billion defence budget amid North Korea, China threats -- Straits Times/AFP
Japan would boost missile defenses in record military budget -- ABC News/AP
Japan defence ministry seeks record budget over North Korea threat -- The Guardian
Japan to Spend Billions on U.S. Missile-Defense System -- The Wall Street Journal

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