Monday, May 25, 2009

Japan To Start Arms Exports

The huge engineering and technological might of Japan may be poised for a new lease of life as the country prepares to ditch a self-imposed ban on arms exports that was introduced in the mid-1970s.

The controversial decision, which is likely to encounter bitter opposition from the country's mainly pacifist middle classes, could deliver significant economic benefits to Japan and lead to a realignment in the global defence industry.

To date, the single exception to the ban came as a dispensation in 2005 that allowed Japan to work with US companies on a missile defence system viewed as critical while North Korea continues to flex its military muscles.

Japan sees itself as a logical target for the nuclear-armed Pyongyang regime and has spent about £5 billion on the missile defence shield jointly developed with the United States.

Full article click timesonline

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