The European Union (EU) could lift its arms embargo against China, which was imposed after the Tiananmen Square crackdown, in early 2011.
The EU imposed the embargo on China in 1989, prohibiting the sale and transfer of weapons technology, but has felt the embargo has lost its practical justification over the years.
Go deeper with GlobalData
The embargo has been described as an obstacle to Euro-Chinese ties and the lift could boost the Chinese military, which is producing fifth-generation fighters and long-range cruise missiles, according to Brahmand.
The EU also has plans to make the lifting of sanctions conditional and to link it with Beijing improving its ties with Taiwan.
China has grown over the years by improving its missiles and will soon be in a position to challenge US aircraft carriers by deploying indigenous long-range attack missiles.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
