SYDNEY, April 1 Australia will be forced to pay up to Aus$5.5 billion (US$4.1 billion) to exit a submarine deal with France in favour of acquiring nuclear-powered US or British models, officials admitted today. Last year Australian Prime Minister Scott Morrison tore up a submarine deal with.
CANBERRA, Oct 8 Australia’s assertion that it could not inform France of its top-secret talks with the United States and Britain to build nuclear submarines is “childish”, the French envoy to Canberra said today. Australia walked away from a US$40 billion deal with France’s Naval Group.
CANBERRA, Oct 1 Australia’s Minister for Trade Dan Tehan said on Friday talks with the European Union over a trade deal have been postponed, as a row over Canberra’s decision to cancel a US$40 billion (RM167 billion) deal with France escalates. Australia last month cancelled a deal with.