Home / China

Japan to create agency to streamline arms sales

By Tim Kelly and Nobuhiro Kubo in Tokyo | China Daily | Updated: 2014-05-31 07:48

Japan plans to create an arms procurement agency to streamline Tokyo's spending on defense-related hardware that will also promote military exports and take charge of advanced weapons research, said two people with knowledge of the developing plan.

One immediate aim of the new agency would be to lower the outsized costs of buying equipment for Japan's military.

"The goal is to cut costs. It is being created to improve how we buy things," said Akira Sato, a ruling Liberal Democratic Party lawmaker involved in formulating defense policy as parliamentary secretary of defense.

Japan to create agency to streamline arms sales

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349