Australia, UK to Sign $27 Billion Pact on Nuclear Submarines
Australia and the UK are set to sign a £20 billion ($27 billion) agreement to collaborate on the development of nuclear-powered submarines. The deal, which will be discussed during a meeting between the countries' foreign and defense ministers in Sydney, is part of the AUKUS security partnership established in 2021. The agreement aims to bolster Australia's naval capabilities and strengthen defense ties between the two nations. This move comes amid growing concerns over China's military expansion in the Indo-Pacific region. The partnership is seen as a strategic response to counter China's influence in the area. The details of the agreement, including the specific timeline and design of the submarines, are expected to be finalized during the upcoming talks in Sydney.
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