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U.S. Asks Japan for $545 Million

June 20, 2005 :: AFP :: News

The U.S. has asked Japan to contribute $545 million to the joint Aegis sea-based missile defense system, reports the AFP. The U.S. intends to contribute an equal amount to the project. Some reports indicate, however, that Tokyo finds this sum too high and plans to ask for a reduction in cost. The AFP notes that Japan is attempting to cut its defense spending amid mixed signals on the direction of its economy.

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