Exclusive - Japan eyes military aid to spur defence exports, build security ties: sources


  • World
  • Thursday, 27 Nov 2014

Japan's Prime Minister Shinzo Abe attends a news conference at his official residence in Tokyo November 21, 2014. REUTERS/Yuya Shino

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.

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