France seeks EU support to delay deal as punishment after Australia cancelled $90bn submarine contract

France is seeking to enlist European Union support to delay a planned EU-Australia trade deal, as part of a plan to punish Australia for what it regards as serial deceit and subterfuge by Canberra before it cancelled the contract for 12 attack-class French submarines.

The $90bn submarine contract was the centrepiece of French-Australian cooperation in the Indo-Pacific, but the Australians have instead opted to form a US-UK-Australia pact dubbed Aukus, and build eight nuclear-powered submarines likely to be delivered between 2030 and 2040.

Continue reading…

You May Also Like

Japan dismisses ‘categorically untrue’ stories that Tokyo Olympics are doomed

Sources at IOC adamant Games will go ahead in July Country has…

‘I’d be lost without it’: locals battle to save Carlisle’s Turkish baths

One of UK’s last public Turkish baths may close next month unless…

UK asylum claims at highest level since 2004, with record backlog of cases

Home Office says 67,547 applications waiting to be dealt with, as ministers…

Granit Xhaka: ‘Attacks on my family and friends are beyond the pale’ | David Hytner

Arsenal midfielder on social-media criticism, provocative pundits, his resurgence and the chat…