Due to the submarine crisis, trade negotiations between the European Union and Australia stopped

by times news cr

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Today, Friday, trade negotiations between the European Union and Australia were halted due to the crisis of the submarine deal that Canberra concluded with Washington earlier last month..

A European official confirmed: “A long-planned round of free trade talks between Australia and the European Union has been postponed, following anger at Canberra’s decision to cancel the French submarine contract.”

An EU official in Canberra said: “The free trade round has been postponed for a month until November.”

On September 15, Australia concluded a tripartite defense partnership agreement with the United States and Britain in the Indo-Pacific region. Under this agreement, Washington will provide Canberra with technology and capabilities that will enable it to deploy nuclear-powered submarines..

Source: Agence France-Presse

2024-04-12 21:26:18

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