France seeks EU support to delay deal as punishment after Australia cancelled £48bn submarine contract
France is seeking to enlist European Union support to delay a planned EU-Australia trade deal, as part of a plan to punish Australia for what it regards as serial deceit and subterfuge by Canberra before it cancelled the contract for 12 attack-class French submarines.
The A$90bn (£48bn) submarine contract was the centrepiece of French-Australian cooperation in the Indo-Pacific, but the Australians have instead opted to form a US-UK-Australia pact dubbed Aukus, and build eight nuclear-powered submarines likely to be delivered between 2030 and 2040.