Japan has relaxed its strict defense equipment transfer regulations, enabling the global export of next-generation fighter jets it's collaboratively developing with Britain and Italy, to remove a significant obstacle for the trilateral project.
Turkey’s defense and aerospace industry exports increased by 27% in 2023 to $5.5 billion compared with 2022, contributing 2.3% to the country’s total exports last year.
President Recep Tayyip Erdoğan met Russian President Vladimir Putin in Sochi to discuss ways to revive the Black Sea Grain deal which Moscow quit in July.
India, the world’s largest rice exporter, imposed a ban on rice export in July. The move could trigger a global food crisis in dozens of countries, especially in Asia and MENA region
Pakistan and Italy are moving towards strengthening commercial and economic ties and the business community in both countries is hopeful that the year 2023 would record a higher trade volume.
Nine years after the development of South Korea’s KF-21 Boramae began, the Korean government finalized a significant deal with Korea Aerospace Industries for the production of 20 fighter jets
