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Politics

Japan to ramp up research spending on THAAD

More than 100 billion yen sought in supplementary budget

TOKYO -- Japan's Defense Ministry decided Tuesday to fast-track funding for research on a possible rollout of the U.S.-made THAAD missile defense system in response to a growing threat from North Korea.

The ministry aims to secure more than 100 billion yen ($867 million) in extra funding as part of the third supplementary budget for the fiscal year ending in March.

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