TOKYO (AFP): Japan has said it intends to boost military spending by five per cent over the next five years, with a hardware splurge intended to beef up defence of far-flung territories amid a corrosive row with China.
The cabinet of hawkish Prime Minister Shinzo Abe agreed 24.7 trillion yen (USD 240 billion) would be spent between 2014 and 2019, including on drones, submarines, fighter jets and amphibious vehicles, in a strategic shift towards the south and west.
Japan to raise military spending as China row simmers
Article Posted on : - Dec 17, 2013
Other Related News
India, Sri Lanka decide to ramp up defence, energy, trade ties
India and Sri Lanka Monday adopted a futuristic vision to expand their partnership, resolved to soon conclude a defence cooperation pact and decided to ramp up energy ties by establishing electricity grid connectivity and multi-product petroleum pipelines.
The Indian Air Force, in its flight trials evaluation report submitted before the Defence Ministry l..
view articleAn insight into the Medium Multi-Role Combat Aircraft competition...
view articleSky enthusiasts can now spot the International Space Station (ISS) commanded by Indian-American astr..
view article