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German defense contractors are eyeing big arms deals in the Middle East,
Africa and India as Berlin moves toward relaxing its long-tight
restrictions on arms exports.
That marks a major shift in Berlin's foreign policy and underlines how defense exports have assumed a new importance for the industrial powers amid shrinking defense budgets.
Germany's coalition government under Chancellor Angela Merkel has been quietly easing restrictions for some time but has come under growing domestic criticism, with opposition Green Party leader Claudia Roth denouncing these "deals with death."
But Germany's already heavily involved in arms sale to the Middle East and keen to hustle more business.
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That marks a major shift in Berlin's foreign policy and underlines how defense exports have assumed a new importance for the industrial powers amid shrinking defense budgets.
Germany's coalition government under Chancellor Angela Merkel has been quietly easing restrictions for some time but has come under growing domestic criticism, with opposition Green Party leader Claudia Roth denouncing these "deals with death."
But Germany's already heavily involved in arms sale to the Middle East and keen to hustle more business.
Read More..................
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