Japan passes bill to support defense industry | Asia-TBD

Japan’s Ground Self-Defense Forces take part in a joint exercise with US troops in Yamato, Japan, August 28, 2022. (Photo: Kyodo/VNA)

On the morning of February 10, the Japanese Cabinet approved a bill to support domestic defense equipment manufacturers and strengthen the management of important information related to these manufacturers’ products. .

This bill stipulates that the Japanese government will establish frameworks and subsidy systems to encourage domestic defense equipment manufacturers to diversify supply chains and strengthen network security.

Specifically, Japan will provide financial support for companies to invest in facilities to streamline their production processes and for companies that want to take over business operations from others.

[Nhật Bản phát triển tên lửa tầm xa cự ly lên tới 3.000km]

In addition, in order to facilitate the export of defense equipment in the future, in this bill, the Japanese Government proposes to set up a subsidy fund for companies to help them meet the requirements. request to change the specifications on their products when selling defense equipment to other countries.

In addition, the bill also provides for penalties for leaking confidential information, including information related to defense equipment, with fines of up to 500,000 yen (regarding $3,800). ) or imprisonment for up to 1 year.

Currently, Japanese law prohibits arms export abroad, with the exception of weapons developed or produced in cooperation with a foreign country.

However, in the National Security Strategy update that Japanese Government recently passed in December of last year, the government of Prime Minister Fumio Kishida said it would consider amending the regulation to “build a solid and sustainable defense industry”.

(Vietnam+)

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