Australia to pay half a billion euros to France for breach of submarine deal

Australia to pay half a billion euros to France for breach of submarine deal

newly elected prime minister of Australia, Anthony AlbaneseThis Friday (Brasilia time), on the night of 10 it was announced that he would pay 555 million euros French Naval Group as compensation breach of submarine agreement, “It is a fair and equitable deal,” the prime minister said at a news conference.

As of last year, Australia had a $66 billion contract to buy a dozen French conventional attack submarines. The 50-year agreement should form the basis of the European strategy in response to China’s rise in the Pacific.

The Prime Minister of Australia, Anthony Albanese, at a press conference this Thursday 10. Jacinda Ardern, the Prime Minister of New Zealand, also participated in the interview Photograph: Lauren Elliott / Reuters

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However, Australia withdrew from the contract in the second half of 2021 and decided to do so Military agreements with the United States and the United Kingdom, The decision triggered a crisis. French President Emmanuel Macron Violation is considered a betrayal on the part of the countries.

The Australian decision was made under the government of then Prime Minister Scott Morrison, who stepped down in May. Anthony Albanese criticized Morrison’s government and said Australia ended up suffering losses from the crisis. ,[As consequências da quebra] Represents, an extraordinary waste of a government that has always been big on advertisements but not good at delivery,” he declared.

According to Albanese, the compensation amount resulted from discussions with Macron that began in May. The Prime Minister thanked the two countries for the cordial way of re-establishing relations. “This agreement draws a line on the rejected contract,” Albanese said.

australian newspaper Sydney Morning Herald He said the Australian leader said he hoped to go to Paris soon to meet with Macron. /AFP, Reuters

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About the author: Cory Weinberg

"Student. Subtly charming organizer. Certified music advocate. Writer. Lifelong troublemaker. Twitter lover."

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