Australia Aims to Become the World’s Largest Arms Exporter
mt5.com
Australia is set to become one of the world’s largest arms exporters under a controversial Turnbull government plan, the Guardian reports.
The prime minister, Malcolm Turnbull, has unveiled a new "defence export strategy" setting out the policy and strategy to make Australia one of the world’s top 10 weapons exporters within the next decade.
Hailing it a job-creating plan for local manufacturers, the Coalition says Australia only sells about $1.5bn to $2.5bn in “defence exports” a year and it wants the value of those exports to increase significantly.
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