Institution: Bangladesh Bank Exam: সমন্বিত ৮ ব্যাংক ও ১ টি আর্থিক প্রতিষ্ঠান || অফিসার জেনারেল (10-03-2023) || 2023 All Question
Topic: English literature, Subject: English Grammar (ইংরেজি গ্রামার)

Best Answer Explained in Below-:

The Commercial Arms Transfer (CAT) policy was launched by the United States to streamline and promote the export of defense articles and services. Implemented under the broader framework of U.S. foreign military sales, the CAT policy reflects the U.S. government's commitment to facilitate arms transfers to allied nations while enhancing security cooperation and defense partnerships.

The policy aims to regulate and expand the commercial arms market by establishing a systematic approach to arms exports, ensuring compliance with both U.S. law and international agreements. This initiative supports U.S. defense manufacturers by providing a clearer pathway for commercial arms exports, ultimately boosting economic interests while promoting national and global security.

The rationale behind the CAT policy is to ensure that allied nations have access to advanced military technology and equipment, thereby strengthening their defense capabilities and fostering stability in various regions. The U.S. has historically been one of the largest arms exporters globally, and the CAT policy is a strategic move to maintain its leadership position in the arms market. In contrast, while countries like Russia, China, and Iran also engage in arms transfers, they do not have a policy specifically named "Commercial Arms Transfer" as established by the U.S.