September 28, 2022

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France will send a bill to Australia to terminate the submarine agreement

France will send a bill to Australia to terminate the submarine agreement

Paris – (AFP)
The French industrial group wants to send a “comprehensive offer” for the cost and the next cost to “Australia” in “a few weeks” after the conclusion of the major contract for the purchase of 12 French submarines, the group’s chairman, Pierre-Eric Bomlet, told the Lay newspaper, Figaro.
“Australia canceled the deal because it was appropriate for them, which on the other hand meant we did nothing wrong,” Boomeley said. He continued, “This is one of the cases mentioned in the contract.
In 2016, Canberra selected a naval team that replaced 12 traditionally propelled (non-nuclear) submarines from the French nuclear submarine “Barracuda”, which France began to deliver to its fleet. The total value of the contract was $ 50 billion (€ 31 billion) at the time of signing, equivalent to $ 90 billion after inflation over the duration and breach of the plan.
It was the largest contract for defense equipment for a French industrial group or Australia, and France called it the “Decade of the Century”. But on September 15, Australia announced the suspension of a nuclear-powered deal to supply submarines in the Indo-Pacific region as part of a new strategic partnership with the United States and Britain.
“This decision was announced to us without any prior notice,” Pamlet told the newspaper. He stressed that the naval team had never been asked to supply the latest generation of this type of parachute class nuclear attack submarines to Australia. This issue can only be resolved at the highest level of the state.