The Prague Post - Australia 'confident' in US nuclear sub deal despite review

EUR -
AED 4.234938
AFN 80.673726
ALL 97.911787
AMD 442.949221
ANG 2.064233
AOA 1057.437876
ARS 1365.89366
AUD 1.78039
AWG 2.075669
AZN 1.961985
BAM 1.951087
BBD 2.335019
BDT 141.328608
BGN 1.955161
BHD 0.434743
BIF 3443.352399
BMD 1.153149
BND 1.478989
BOB 7.991764
BRL 6.38533
BSD 1.156486
BTN 98.840527
BWP 15.430459
BYN 3.784528
BYR 22601.729404
BZD 2.323048
CAD 1.572002
CDF 3317.611651
CHF 0.930984
CLF 0.02795
CLP 1072.556139
CNY 8.272231
CNH 8.281769
COP 4786.435119
CRC 585.874604
CUC 1.153149
CUP 30.558461
CVE 110.558223
CZK 24.809994
DJF 205.938963
DKK 7.458986
DOP 68.258819
DZD 150.195272
EGP 57.390746
ERN 17.297242
ETB 158.575496
FJD 2.593145
FKP 0.850687
GBP 0.851076
GEL 3.153922
GGP 0.850687
GHS 11.854775
GIP 0.850687
GMD 81.294566
GNF 10020.707144
GTQ 8.887916
GYD 241.963907
HKD 9.051059
HNL 30.183565
HRK 7.528682
HTG 151.725598
HUF 402.98534
IDR 18814.210005
ILS 4.100646
IMP 0.850687
INR 99.298104
IQD 1515.027172
IRR 48547.592443
ISK 143.993573
JEP 0.850687
JMD 185.167892
JOD 0.817566
JPY 165.09352
KES 149.425395
KGS 100.843292
KHR 4638.593914
KMF 491.815416
KPW 1037.813401
KRW 1577.704689
KWD 0.352656
KYD 0.963772
KZT 590.972451
LAK 24890.730801
LBP 103616.714237
LKR 345.911419
LRD 231.311275
LSL 20.687839
LTL 3.404951
LVL 0.697529
LYD 6.278897
MAD 10.510387
MDL 19.810287
MGA 5167.427971
MKD 61.461153
MMK 2420.824505
MNT 4127.804349
MOP 9.350332
MRU 45.688121
MUR 52.330211
MVR 17.764282
MWK 2001.867143
MXN 21.953598
MYR 4.893971
MZN 73.743403
NAD 20.687792
NGN 1779.344591
NIO 42.556831
NOK 11.496992
NPR 158.135267
NZD 1.916021
OMR 0.44338
PAB 1.156516
PEN 4.202113
PGK 4.829251
PHP 64.659973
PKR 326.071289
PLN 4.274483
PYG 9228.54752
QAR 4.217495
RON 5.023701
RSD 117.191307
RUB 92.263556
RWF 1645.895639
SAR 4.325765
SBD 9.621741
SCR 16.846929
SDG 692.469037
SEK 10.952792
SGD 1.478113
SHP 0.906194
SLE 25.398142
SLL 24180.96296
SOS 660.892091
SRD 43.12147
STD 23867.86561
SVC 10.119555
SYP 14993.218585
SZL 20.570952
THB 37.418558
TJS 11.721693
TMT 4.036023
TND 3.421882
TOP 2.700796
TRY 45.459337
TTD 7.846047
TWD 34.151094
TZS 2980.891087
UAH 47.950041
UGX 4147.126082
USD 1.153149
UYU 47.786639
UZS 14625.543797
VES 115.561948
VND 30074.137901
VUV 138.188419
WST 3.167128
XAF 654.364971
XAG 0.031709
XAU 0.000336
XCD 3.116444
XDR 0.81382
XOF 654.364971
XPF 119.331742
YER 280.618894
ZAR 20.677931
ZMK 10379.732035
ZMW 28.420854
ZWL 371.313655
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Australia 'confident' in US nuclear sub deal despite review
Australia 'confident' in US nuclear sub deal despite review / Photo: COLIN MURTY - POOL/AFP

Australia 'confident' in US nuclear sub deal despite review

Australia said Thursday it is "very confident" in the future of a US agreement to equip its navy with a fleet of nuclear-powered submarines, after the Trump administration put the pact under review.

Text size:

The 2021 AUKUS deal joins Australia, the United Kingdom and the United States in a multi-decade effort to balance China's growing military might.

It aims to arm Australia with a fleet of cutting-edge, nuclear-powered submarines from the United States, and cooperate in developing an array of warfare technologies.

US President Donald Trump's administration has advised Australia and the United Kingdom that it is reviewing AUKUS, a spokesperson for the Australian Defence Department confirmed Thursday.

Defence Minister Richard Marles said he was "very confident" Australia would still get the American submarines.

"I think the review that's been announced is not a surprise," he told public broadcaster ABC.

"We've been aware of this for some time. We welcome it. It's something which is perfectly natural for an incoming administration to do."

Australia plans to acquire at least three Virginia Class submarines from the United States within 15 years, eventually manufacturing its own subs.

- 'Time to wake up?' -

The US navy has 24 Virginia-class vessels, which can carry cruise missiles, but American shipyards are struggling to meet production targets set at two new boats each year.

Critics question why the United States would sell nuclear-powered submarines to Australia without stocking its own military first.

Marles said boosting the US production of US Virginia Class submarines was a challenge.

"That's why we are working very closely with the United States on seeing that happen. But that is improving," he said.

Government forecasts estimate the submarine programme alone could cost Australia up to US$235 billion over the next 30 years, a price tag that has contributed to criticism of the strategy.

Australia should conduct its own review of AUKUS, said former conservative prime minister Malcolm Turnbull, noting that Britain and now the United States had each decided to re-examine the pact.

"Australia, which has the most at stake, has no review. Our Parliament to date has been the least curious and least informed. Time to wake up?," he posted on X.

Former Labor Party prime minister Paul Keating, a vehement critic of AUKUS, said the US review might "save Australia from itself".

Australia should carve its own security strategy "rather than being dragged along on the coat tails of a fading Atlantic empire", Keating said.

- 'Good deal for the US' -

Any US review of AUKUS carries a risk, particularly since it is a Biden-era initiative, said Euan Graham, senior analyst at the Australian Strategic Policy Institute.

But it is "fundamentally a good deal for the US", he said, with Australia already investing cash to boost American submarine production as part of the agreement.

"I just do not think it is realistic for Australia, this far backed in, to have any prospect of withdrawing itself from AUKUS," Graham told AFP.

"I don't think there is a plan B that would meet requirements, and I think it would shred Australia's reputation fundamentally in a way that would not be recoverable."

I.Mala--TPP