Aukus pact: Australia pays $830m penalty for ditching non-nuclear French submarines

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Aukus pact: Australia pays $830m penalty for ditching non-nuclear French submarines
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Anthony Albanese pledges to reset Australia’s strained relationship with France after settling cancelled contract with Naval Group

The Australian government has agreed to pay €550m in a settlement with Naval Group over the former Morrison government’s controversial decision to scrap the French attack class submarine project., announced on Saturday the confidential settlement would draw a line under the cancelled $90bn project.

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