Monday, January 2, 2012

Japan’s Defense Industries Are Set To Boom

Photo Credit: U.S. Navy

Japan’s Defense Industry Lifeline -- Trefor Moss, The Diplomat

The Japanese government’s decision to relax rules on defense exports has the potential to give the country a much-needed national security boost.

By deciding this week to relax its rules prohibiting the export of defense equipment, the new Japanese administration of Yoshihiko Noda has done something that local defense industry and the country’s security experts have for many years been crying out for.

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My Comment: Japan has some of the best tech in the world .... so I would not be surprised if their foray into the global arms trade brings benefits to Japanese industries, as well as maintaining their industrial defense base.

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