Japan defence review could help contractors to compete globally


  • World
  • Friday, 26 Jul 2013

TOKYO (Reuters) - Japan's promised review of its longstanding ban on arms exports, as part of a push for a more robust military, could help make its defence contractors more globally competitive by reducing costs and expanding markets.

The Defense Ministry said on Friday it would review a decades-old self-imposed ban on arms exports and take action as needed. Media reports have said Japan could issue new guidelines to replace the ban, which has already been eased several times.

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