EU seeks defence industry partnerships with Japan, South Korea, says Nikkei

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

EU seeks defence industry partnerships with Japan, South Korea, says Nikkei

TOKYO - The European Union is seeking security and defence industry partnerships with Japan and South Korea aimed at joint development of military equipment, theThese would mark the EU's first such security and defence-related collaboration with Asian nations, the Japanese business newspaper said in a report from Brussels that did not identify the official.

Japan, despite a constitution that renounces war, says it faces"the most severe and complex security environment since World War Two". In recent years it has boosted its defence industry in its largest postwar military expansion, expressing concern about threats from Asia neighbours China and North Korea.

Japan-U.S. discussions have so far focussed on naval repairs in Japan that could help free up U.S. yards to build more warships, but cooperation could be extended to aircraft repairs, missile production and military supply-chain resilience.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea, Japan to hold bilateral finance ministers meeting on June 25South Korea, Japan to hold bilateral finance ministers meeting on June 25
Source: Investingcom - 🏆 450. / 53 Read more »