Reason: Australia ditched a deal that was worth $36.5 billion to buy French submarines in favour of U.S. vessels
The abandonment of the ocean-class submarine project that Australia and France had been working on since 2016 constituted “unacceptable behaviour among allies and partners
U.S. President Joe Biden announced the new Australia-U. S.-Britain defence alliance on Wednesday, extending U.S. nuclear submarine technology to Australia as well as cyber defence, applied artificial intelligence and undersea capabilities.
Paris sees itself as a major power in the Indo-Pacific due to overseas territories such as New Caledonia and French Polynesia which give it a strategic and military foothold unmatched by any other European country.