SYDNEY Australia unveiled a substantial compensation deal with French submarine maker Naval Group on Saturday, ending a contract dispute that soured relations between Canberra and Paris for almost a year.Prime Minister Anthony Albanese said the French firm had agreed to a "fair and an equitable settlement" of 555 million euros (US$584 million) for Australia ending a
SYDNEY Australia unveiled a substantial compensation deal with French submarine maker Naval Group on Saturday, ending a contract dispute that soured relations between Canberra and Paris for almost a year.Prime Minister Anthony Albanese said the French firm had agreed to a "fair and an equitable settlement" of 555 million euros (US$584 million) for Australia ending a
France will strengthen its military deployment in Asia-Pacific newsrnd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsrnd.com Daily Mail and Mail on Sunday newspapers.
French company Naval Group on Tuesday said it is unable to participate in Centre's P-75I project, under which six conventional submarines are to be domestically built for the Indian Navy, due to conditions mentioned in the request for proposal (RFP) related to air independent propulsion (AIP) system