TOKYO (Reuters) - Japan is considering creating a government-backed financing arm for weapons exports, a move that would accelerate Prime Minister Shinzo Abe's shift away from the country's pacifist past and strengthen Tokyo's regional security ties as China's military power grows.
As a first step, the government plans to convene an advisory panel to consider specific proposals to create a way to finance military sales by Japanese firms and fund defence industry cooperation abroad, four people involved told Reuters.