Australia to spend $3.1 billion to increase stake in global arms exports

SYDNEY (Reuters) - Prime Minister Malcolm Turnbull said on Monday Australian military equipment manufacturers will be offered government-backed loans as part of a A$3.8 billion ($3.1 billion) package to become one of the world's top 10 defense exporters.

from Reuters: World News http://ift.tt/2FmwNIL

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