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Australia to Compensate France after Ditching Multi-Billion-Dollar Submarine Deal for AUKUS

Australia News

Australia recently unveiled a substantial compensation deal with French submarine maker Naval Group. The deal ended a contract dispute that soured relations between Canberra and Paris for almost a year. Australian PM Albanese said the French firm agreed to a ‘fair & equitable settlement’ of 555 million Euros.

Credit Hindustan Times

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