— Latest update: October 2024 —
While until a decade ago Japan’s export policy prevented the export of military goods and technology to any foreign country, those restrictions have now been eased in a number of cases, as the government reviewed the so-called “Three Principles on Transfer of defence Equipment and Technology” in late 2023. The security environment in Japan has become increasingly stressed as international challenges arise. They are changing their defence strategy, and thus defence capabilities at a rapid pace. A window of opportunity presents itself in Japan’s aerospace and defence industries, which could both increase the nation’s security and improve Japan’s economic outlook.
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