Under the pressure of Trump to buy American weapons? Japans defense spending soared

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 Under the pressure of Trump to buy American weapons? Japans defense spending soared


Reported that Japan in recent years according to the United States Governments paid military assistance (FMS), a large number of imports of weapons from the United States. In 2019, Japan and the United States will sign contracts for the purchase of the latest sharp fighter F-35A (6, 91.6 billion yen), E-2D early warning aircraft (2, 54.4 billion yen) and land-based Aegis anti-missile systems (2, 235.2 billion yen).

The picture shows Japans F-35A fighter purchased from the United States.

FMS contracts were estimated at 138.1 billion yen in the 2012 budget, but increased sharply after the Abe administration was established at the end of 2012. The FMS contract amount set out by the Ministry of defense in the 2019 budget requirements is 691 billion 700 million yen, which is 5 times of 2012.

The maximum cost of arms purchases can be divided into five years to be paid to the United States Government, and with the increase in U.S. arms imports, the balance of the burden of the year after including domestic arms purchases has also increased dramatically. The balance of post-annual burden remained at the level of 3 trillion yen from 1998 to 2012, but gradually increased since 2013, to 5.3372 trillion yen in 2019 and 2.1 trillion yen in six years.

The proportion of FMS to the total burden of the year after increased rapidly from 5.9% in 2013 to 28.3% in 2019.

The report commented that in the Andouble administration era, Japans defense budget increased year by year. The budget requirement in 2019 was 5 trillion and 298 billion 600 million yen, and increased by about 540 billion yen in 6 years. It can be said that the balance of the post-annual burden of defense borrowing has expanded to the same size as the annual budget by 2018, putting pressure on the budget.

During the year, the government will revise the Outline of the Defense Plan, which will serve as the guideline for the next 10 years, and formulate the Medium-Term Defense Plan for the period from 2019 to 2023. In order to strengthen weapons and eliminate the problem of rigid defense budgets, it is believed that the government will further increase defense costs.

Japans sharp increase in imports of US weapons has led to an increase in defense costs. Loan balances, including the purchase of domestic equipment, have risen to a level comparable to the one-year defense budget, putting considerable pressure on repayment.

Reported that the Japanese government cited the reasons for strengthening defense, and further promote the integration of Japan and the United States military. After the establishment of the Safety and Security Act in 2015, the Self-Defense Force began to undertake more tasks, including protecting American ships and aircraft. After President Trump came to power, the United States demanded to eliminate trade deficit with Japan and sell weapons. Apparently under pressure, the Japanese government accelerated the import of U.S. weapons through weapons loans in the name of the burden of the next year. The annual burden after the year is a heavy burden on Japans national budget. State and local borrowing exceeds 1000 trillion yen, so it is urgent to stabilize the social security system and rebuild the financial sector. If the annual burden continues to increase at the current rate, the increase in defense costs will be irresistible. This article source: Reference News Net editor: Yao Wenguang _NN1682

Reported that the Japanese government cited the reasons for strengthening defense, and further promote the integration of Japan and the United States military. After the establishment of the Safety and Security Act in 2015, the Self-Defense Force began to undertake more tasks, including protecting American ships and aircraft. After President Trump came to power, the United States demanded to eliminate trade deficit with Japan and sell weapons. Apparently under pressure, the Japanese government accelerated the import of U.S. weapons through weapons loans in the name of the burden of the next year.

The annual burden after the year is a heavy burden on Japans national budget. State and local borrowing exceeds 1000 trillion yen, so it is urgent to stabilize the social security system and rebuild the financial sector. If the annual burden continues to increase at the current rate, the increase in defense costs will be irresistible.