ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Pacific

EU-Australia trade talks postponed amid submarine deal fallout

Canberra [Australia], October 1 (ANI): Australia-EU free trade talks have been postponed on Friday amid Canberra's decision to cancel a major French submarine contract.

ANI Oct 01, 2021 08:17 IST googleads

Representative Image

Canberra [Australia], October 1 (ANI): Australia-EU free trade talks have been postponed on Friday amid Canberra's decision to cancel a major French submarine contract.
Australia's Minister for Trade Dan Tehan said that talks with the European Union over a trade deal have been postponed, as a row over Canberra's decision to cancel a USD 40-billion deal with France escalates, reported The Globe and Mail.
Australia last month cancelled a deal with France's Naval Group to build a fleet of conventional submarines and will instead build at least eight nuclear-powered submarines with US and British technology after striking a trilateral security partnership AUKUS with those two countries.
The cancellation has angered France, which accused both Australia and the United States of stabbing it in the back. Paris recalled its ambassadors from Canberra and Washington, reported The Globe and Mail.
In solidarity with France, European Commission president Ursula von der Leyen has questioned whether the bloc could strike a trade deal with Australia.
Tehan on Friday declined to comment on the role the submarine deal had played in delaying negotiations but confirmed the 12th round of talks scheduled for October 12 had been postponed by a month, reported The Globe and Mail. (ANI)

Get the App

What to Read Next

Asia

Jaishankar, Indonesia’s FM exchange perspective on W Asia crisis

Jaishankar, Indonesia’s FM exchange perspective on W Asia crisis

In a post on X, Jaishankar wrote, "Pleased to talk to FM Sugiono of Indonesia. Exchanged perspectives on the West Asia conflict. Discussed bilateral ties and agreed to hold the Joint Commission meeting at an early date."

Read More
Asia

MEA rejects Pakistan’s statement on India-Canada deal

MEA rejects Pakistan’s statement on India-Canada deal

"We reject this statement made by Pakistan on the matter. India's credentials regarding non-proliferation are impeccable and well recognised by the global community. A country with a well-documented history of clandestine nuclear proliferation can hardly preach the virtues of export controls and proliferation risks. Such ludicrous statements are nothing more than an attempt by Pakistan to distract from its own abysmal record," he said.

Read More
Europe

"Act of terrorism": Russia slams Mediterranean drone attack

Russian Foreign Ministry Spokesperson Maria Zakharova condemned a drone strike on the commercial vessel Arctic Metagaz in the Mediterranean. Calling it "a terrorist attack & a war crime," she detailed the crew's rescue after a gas explosion, criticised Malta's refusal to assist the injured, and denounced the European silence.

Read More
Asia

Pakistan’s outdated mandi system stifles agricultural innovation

Pakistan’s outdated mandi system stifles agricultural innovation

Pakistan's fruit and vegetable supply remains dominated by traditional middlemen and the "mandi" system, with digital platforms handling only 2-3% of trade. Restrictive provincial laws and lack of infrastructure force farmers into dependency on commission agents, stalling modern technological transformation in the agricultural sector.

Read More
Asia

India’s Consul General meets Ant Group to boost tech ties

India’s Consul General meets Ant Group to boost tech ties

India's Consul General in Shanghai, Pratik Mathur, met Ant Group leadership to discuss fintech and digital economy opportunities. This follows high-level engagements with Shanghai's Mayor, aligned with Prime Minister Narendra Modi's "Reform, Perform and Transform" mantra to strengthen bilateral and multilateral cooperation through the SCO and BRICS.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.