Australia-EU Trade Talks Delayed As Row Over Submarine Deal Deepens

 

BBC: Aukus: Australia-EU trade talks delayed as row deepens 

Trade talks between Australia and the European Union have been postponed as a row with France over the so-called Aukus security partnership deepens. 

Last month, Canberra cancelled a $37bn ($27.5bn) deal with France to build a fleet of conventional submarines. 

Instead, it will build at least eight nuclear-powered submarines with US and UK technology. 

The decision angered Paris, which called the deal a "stab in the back" by the US and Australia. 

In fact, soon after the Aukus agreement was announced, France recalled its ambassadors from both Canberra and Washington.  

Read more ....  

Update #1: EU, Australia trade talks postponed amid subs row (France 24)  

Update #2: Australia-EU trade talks delayed amid submarine deal fallout (AP)  

WNU Editor: It is clear that France wants Australia to pay a price for breaking their submarine contract.

from War News Updates https://ift.tt/3ux4Tob