TOKYO -- Japan plans to create a new fund to help defense contractors customize exports to local needs under new legislation approved by the cabinet Friday as part of efforts to bolster the nation's shrinking defense industry.
Defense
Japan to help defense industry tailor exports, eyeing security ties
New legislation to assist companies win overseas buyers and keep know-how alive
Countries including the United Arab Emirates have expressed interest in Japan's C-2 transport, but no contracts have been signed so far. (Photo by Suzu Takahashi)
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