CM – US, Australia and UK Announce Breakthrough Security Deal: Reports

French President Emmanuel Macron (2nd L) and former Australian Prime Minister Malcolm Turnbull (3rd L) stand on the deck of a Collins-class submarine in Sydney in May 2018 – according to reports, an expected security deal could be reached with the United States and Britain to derail Australia’s plans to purchase French submarines

The United States, Australia and the UK are expected to announce a groundbreaking security pact on Wednesday that will result in a multi-billion dollar Paris-Canberra deal to scrap Australian media reported.

Given the new pact, Australia would likely abandon an A $ 90 billion (around USD 66 billion) deal to buy French submarines, the report said.