Economy World

Japan: the ban on arms export partially lifted

On Tuesday  the Japanese government has partially lifted a ban on exports of arms and military technology, in force for 40 years, Western media reported quoting local media.

The agency Kyodo reported that the Security Council of the Japanese government agreed Tuesday to ease the embargo on arms exports, allowing domestic producers to participate in joint ventures in the field of industry defense as well as providing military equipment for humanitarian missions.

The Board’s decision will allow the company including Mitsubishi Heavy to join the Lockheed group, which develops the 5th generation fighter F-35.

A week ago, Tokyo has formally approved the decision to re-equip its forces with self-defense fighters of this type. The participation of the Japanese party to the project is expected to reduce the cost of this operation currently estimated at $ 7 billion.

Japan pledged in 1967 not to export arms to communist countries and to States involved in international conflicts or under UN sanctions.

As part of this ban, Tokyo was forced to reduce its cooperation in the development and production of weapons, and to waive any participation in international projects, according to Reuters.

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