Former Australian Prime Minister Paul Keating on Wednesday launched a blistering attack on his nation's plan to buy nuclear-powered submarines from the United States to modernize its fleet, saying 'it must be the worst deal in all history.'
Former Australian Prime Minister Paul Keating appears by video link as he addresses the National Press Club in Canberra, Wednesday, March 15, 2023. Keating on Wednesday launched a blistering attack on his nation’s plan to buy nuclear-powered submarines from the United States to modernize its fleet, saying “it must be the worst deal in all history.
Australia's deal -- announced Monday in San Diego by U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak -- came amid growing concern about China's military buildup and influence in the Indo-Pacific. Biden emphasized that the submarines wouldn't carry nuclear weapons of any kind.
China renewed its objections at length on Wednesday, accusing the three countries of "coercing" the International Atomic Energy Agency into endorsing the deal. All member states of the IAEA should work to find a solution to the "safeguards issues" and "maintain international peace and security," Foreign Ministry spokesperson Wang Wenbin said at a daily briefing.
As part of the effort to ensure the nuclear material in the sub engines doesn't go astray after it leaves U.S. control, the power units are to be welded shut. It's a first for the IAEA to deal with, and inspectors will insist on guaranteeing that ships return to ports with as much nuclear material in the welded units as they left with, Grossi told reporters.
He also mocked the cost of the deal, which Australian officials have estimated at between 268 billion and 368 billion Australian dollars over three decades. Australian officials say the deal will create 20,000 jobs.
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