Berliner Boersenzeitung - Pentagon endorses Australia submarine pact

EUR -
AED 4.281302
AFN 77.377829
ALL 96.632267
AMD 445.44874
ANG 2.0868
AOA 1069.015378
ARS 1685.695129
AUD 1.759925
AWG 2.099851
AZN 1.983056
BAM 1.956445
BBD 2.353286
BDT 142.957122
BGN 1.956513
BHD 0.43942
BIF 3452.156358
BMD 1.165774
BND 1.513151
BOB 8.073661
BRL 6.191194
BSD 1.16839
BTN 104.957046
BWP 15.52305
BYN 3.382529
BYR 22849.175596
BZD 2.349885
CAD 1.626214
CDF 2599.676669
CHF 0.936136
CLF 0.027272
CLP 1069.866164
CNY 8.243948
CNH 8.238934
COP 4426.433227
CRC 572.886379
CUC 1.165774
CUP 30.893018
CVE 110.301358
CZK 24.206095
DJF 208.069477
DKK 7.469209
DOP 74.244154
DZD 151.62759
EGP 55.39934
ERN 17.486614
ETB 182.187672
FJD 2.635786
FKP 0.874477
GBP 0.873633
GEL 3.142168
GGP 0.874477
GHS 13.309387
GIP 0.874477
GMD 85.101585
GNF 10152.738474
GTQ 8.949989
GYD 244.450576
HKD 9.075162
HNL 30.764009
HRK 7.534281
HTG 153.045699
HUF 382.909629
IDR 19411.890175
ILS 3.771909
IMP 0.874477
INR 104.795649
IQD 1530.611088
IRR 49108.24087
ISK 149.009374
JEP 0.874477
JMD 187.250919
JOD 0.826502
JPY 180.263491
KES 150.792515
KGS 101.946434
KHR 4679.683025
KMF 491.956642
KPW 1049.188513
KRW 1714.049422
KWD 0.357671
KYD 0.973725
KZT 590.567197
LAK 25346.463469
LBP 104631.537644
LKR 360.660429
LRD 206.228862
LSL 19.834223
LTL 3.442228
LVL 0.705165
LYD 6.351121
MAD 10.780554
MDL 19.874636
MGA 5196.690656
MKD 61.660325
MMK 2448.012739
MNT 4139.412917
MOP 9.367728
MRU 46.294061
MUR 53.7069
MVR 17.964199
MWK 2026.059144
MXN 21.235919
MYR 4.796021
MZN 74.495405
NAD 19.834223
NGN 1690.664166
NIO 42.995648
NOK 11.770491
NPR 167.929633
NZD 2.020316
OMR 0.448241
PAB 1.168485
PEN 3.929195
PGK 4.955782
PHP 68.771391
PKR 330.077317
PLN 4.234207
PYG 8102.705584
QAR 4.270608
RON 5.092451
RSD 117.406333
RUB 88.599264
RWF 1700.053084
SAR 4.375161
SBD 9.587122
SCR 17.349603
SDG 701.215258
SEK 10.974675
SGD 1.509565
SHP 0.874633
SLE 26.813195
SLL 24445.701283
SOS 666.616873
SRD 45.0496
STD 24129.173599
STN 24.509025
SVC 10.223414
SYP 12889.842916
SZL 19.828451
THB 37.180625
TJS 10.737785
TMT 4.08021
TND 3.429645
TOP 2.806905
TRY 49.565119
TTD 7.921645
TWD 36.49748
TZS 2856.146794
UAH 49.264627
UGX 4142.365416
USD 1.165774
UYU 45.775285
UZS 13918.587876
VES 289.795046
VND 30735.6385
VUV 142.35723
WST 3.264542
XAF 656.170474
XAG 0.02003
XAU 0.000276
XCD 3.150564
XCG 2.105803
XDR 0.816065
XOF 656.176105
XPF 119.331742
YER 277.927368
ZAR 19.772651
ZMK 10493.370026
ZMW 26.843964
ZWL 375.378838
  • SCS

    -0.1200

    16.23

    -0.74%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • BCC

    -2.3000

    74.26

    -3.1%

  • RBGPF

    0.0000

    78.35

    0%

  • RIO

    -0.5500

    73.73

    -0.75%

  • NGG

    -0.5800

    75.91

    -0.76%

  • CMSC

    0.0400

    23.48

    +0.17%

  • GSK

    -0.4000

    48.57

    -0.82%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • JRI

    0.0500

    13.75

    +0.36%

  • BCE

    0.0400

    23.22

    +0.17%

  • VOD

    0.0500

    12.64

    +0.4%

  • RELX

    0.3500

    40.54

    +0.86%

  • BTI

    0.5300

    58.04

    +0.91%

  • BP

    -0.0100

    37.23

    -0.03%

  • AZN

    -0.8200

    90.03

    -0.91%

Pentagon endorses Australia submarine pact
Pentagon endorses Australia submarine pact / Photo: Antony DICKSON - AFP

Pentagon endorses Australia submarine pact

The Pentagon said Thursday it has endorsed the tripartite AUKUS security pact with the United Kingdom and Australia, which would involve Canberra's acquisition of at least three Virginia-class nuclear submarines within 15 years.

Text size:

The administration of Donald Trump said earlier this year it was reviewing a 2021 deal for the nuclear-powered attack subs signed under his presidential predecessor Joe Biden.

The Department of Defense completed its five-month review, which endorsed the AUKUS agreement and determined it is "in alignment with President Trump's America First agenda," Pentagon spokesman Sean Parnell said in a statement.

"Consistent with President Trump's guidance that AUKUS should move 'full steam ahead,' the review identified opportunities to put AUKUS on the strongest possible footing."

Congressman Joe Courtney, the top Democrat on a US House subcommittee on sea power, said the review's completion assures that the pact's "framework is aligned with our country's national security interest."

"With its completion, it is important to note that the 2021 AUKUS agreement has now survived three changes of government in all three nations and still stands strong."

Courtney is a vocal champion of AUKUS in Congress, and represents a Connecticut district that is home to the primary submarine manufacturing facility in the United States.

The AUKUS pact aims to arm Australia with a fleet of cutting-edge submarines from the United States and would provide for cooperation in developing an array of warfare technologies.

- Long-range strike -

The submarines, the sale of which will begin in 2032, lie at the heart of Australia's strategy of improving its long-range strike capabilities in the Pacific, particularly against China.

The deal could cost Canberra up to US$235 billion over the next 30 years, and also includes the technology to build its own vessels in the future.

Australia's defense industry minister, Pat Conroy, said Friday he was pleased the US review had confirmed that AUKUS was "full steam ahead."

"We'll engage constructively with its findings and its recommendations on how to improve AUKUS even further."

Conroy said it was up to Washington to decide whether to release the document publicly.

"We're working through the review right now, and we've said publicly over the last two years where we can improve delivery, improve performance of AUKUS, we will do that."

AUKUS is a "living agreement", Conroy said.

"It will go for 30 or 40 years at a minimum. We're going to see changes. We're going to see improvements in it."

Australia had a major bust-up with France in 2021 when it canceled a multi-billion-dollar deal to buy a fleet of diesel-powered submarines from Paris and go with the AUKUS program instead.

(A.Lehmann--BBZ)