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$368 billion, 20,000 jobs over 20 years: How AUKUS could 'fundamentally transform' Australia

One analyst called the new agreement the biggest engineering project in 40 years for Australia, but there are hurdles that need to be cleared.

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Transcripts for BBCNEWS BBC News 20240604 12:15:00

what are the expectations of today s talks in australia? i spoke earlier to brent clark in canberra who is the former submariner and the ceo of the australian industry & defence network. we started from how significant this agreement is. quite clearly it, there has been a lot of work done in the last 18 months, we are about to obviously hear the two world leaders announce what that work has arrived at, so i think we are all waiting, with bated breath quite frankly, to see what the outcome is. so talk to us about these submarines and how they will be used, where they will be built, first of all, how they will be used and what kind of impact their presence would have, especially with regards to these perceived threats that the us, australia and the uk see china creating? yes, look, very good questions, all those questions are very good. how the submarines will be used, they will be used like every

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Transcripts for BBCNEWS BBC News 20240604 11:12:00

is for the three countries to work together to counter what they perceive as any threats from china. i m joined now by brent clark in canberra. mr clark is the former submariner and the ceo of the australian industry & defence network. thank you very much for your time today, and, the aukus pact was created 18 months ago, do you think since its ception this is the most significant moment for the pact? thank you for having me tonight. quite clearly it, there has been a lot of work done in the last 18 month, we are about to obviously hear the two world leaders announce what that work has arrived at, so i think we are all waiting, with bated breath frankly to see what the outcome is. so breath frankly to see what the outcome is- breath frankly to see what the outcome is. so talk to us about submarines outcome is. so talk to us about submarines and outcome is. so talk to us about submarines and how outcome is. so talk to us about submarines and how they - outcome is. so talk to us a

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