DTN News - DEFENSE NEWS: Japan Eyes Government Support For Military Aircraft Exports
(NSI News Source Info) KOTTAKKAL, Kerala, India - November 5, 2013: Japan is considering providing low-interest loans from a state-run bank to support exports of aircraft designed for military use, the first time such sales are being considered since the end of World War Two, according to officials with knowledge of the still-developing policy.
The step would mark an extension of Prime Minister Shinzo Abe's efforts to bolster the self-reliance of Japan's military and could open an overseas market worth tens of billions of dollars in coming years for the country's defence contractors.
It would also mark a sharp reversal of the near-total ban on exports of military equipment, a development that could strain ties with China as a more assertive Japan seeks a market for military technology in Asia and beyond.
*Presented & compiled by DTN News ~ Defense-Technology News
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http://defense-technologynews.blogspot.in/2013/11/dtn-news-defense-news-japan-eyes.html
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