Australia Uk To Sign 27 Billion Pact On Nuclear Submarine
Bloomberg2 days
UK-Australia Sign 50-Year AUKUS Treaty Amid US Review
UK-Australia Sign 50-Year AUKUS Treaty Amid US Review
Above: Royal Australian Navy submarine HMAS Rankin is seen during AUSINDEX 21 on Sept. 5, 2021 near Darwin, Australia. Image copyright: POIS Yuri Ramsey/Australian Defence Force/Getty Images
The Spin
This bilateral treaty demonstrates an unwavering commitment to regional security despite American uncertainty. The 50-year agreement ensures continuity in submarine development and creates thousands of jobs while strengthening Indo-Pacific deterrence against growing threats. Britain and Australia are taking decisive action to maintain strategic partnerships regardless of shifting US priorities.
The timing raises concerns about undermining the trilateral nature of AUKUS while the U.S. conducts its legitimate review. America's submarine fleet is already stretched thin, operating 25% below target capacity, making any premature commitments potentially problematic. The bilateral approach could complicate rather than strengthen the broader alliance framework.
ThereThis isbilateral atreaty 50%demonstrates chancean thatunwavering Australiacommitment willto commissionregional itssecurity firstdespite nuclearAmerican uncertainty. The 50-poweredyear agreement ensures continuity in submarine bydevelopment Mayand 2040,creates accordingthousands of jobs while strengthening Indo-Pacific deterrence against growing threats. Britain and Australia are taking decisive action to themaintain Metaculusstrategic predictionpartnerships communityregardless of shifting US priorities.
The timing raises concerns about undermining the trilateral nature of AUKUS while the U.S. conducts its legitimate review. America's submarine fleet is already stretched thin, operating 25% below target capacity, making any premature commitments potentially problematic. The bilateral approach could complicate rather than strengthen the broader alliance framework.
Metaculus Prediction
There is a 50% chance that Australia will commission its first nuclear-powered submarine by May 2040, according to the Metaculus prediction community.