AIRLINK 173.15 Increased By ▲ 15.74 (10%)
BOP 10.65 Increased By ▲ 0.28 (2.7%)
CNERGY 8.52 Increased By ▲ 0.20 (2.4%)
CPHL 97.46 Increased By ▲ 4.57 (4.92%)
FCCL 47.25 Increased By ▲ 0.52 (1.11%)
FFL 15.42 Increased By ▲ 0.54 (3.63%)
FLYNG 28.13 Increased By ▲ 1.15 (4.26%)
HUBC 138.91 Increased By ▲ 4.90 (3.66%)
HUMNL 12.81 Increased By ▲ 0.29 (2.32%)
KEL 4.54 Increased By ▲ 0.33 (7.84%)
KOSM 5.55 Increased By ▲ 0.16 (2.97%)
MLCF 62.26 Increased By ▲ 1.38 (2.27%)
OGDC 214.75 Increased By ▲ 6.23 (2.99%)
PACE 5.55 Increased By ▲ 0.15 (2.78%)
PAEL 44.86 Increased By ▲ 4.08 (10%)
PIAHCLA 18.70 Decreased By ▼ -0.10 (-0.53%)
PIBTL 10.74 Increased By ▲ 0.76 (7.62%)
POWER 12.26 Increased By ▲ 0.30 (2.51%)
PPL 173.87 Increased By ▲ 5.10 (3.02%)
PRL 36.22 Increased By ▲ 1.19 (3.4%)
PTC 23.56 Increased By ▲ 0.57 (2.48%)
SEARL 95.31 Increased By ▲ 2.21 (2.37%)
SSGC 39.13 Increased By ▲ 3.56 (10.01%)
SYM 14.02 Increased By ▲ 0.36 (2.64%)
TELE 7.23 Increased By ▲ 0.28 (4.03%)
TPLP 10.29 Increased By ▲ 0.29 (2.9%)
TRG 64.68 Increased By ▲ 4.01 (6.61%)
WAVESAPP 10.04 Increased By ▲ 0.34 (3.51%)
WTL 1.33 Increased By ▲ 0.03 (2.31%)
YOUW 3.70 Increased By ▲ 0.05 (1.37%)
BR100 12,492 Increased By 252.4 (2.06%)
BR30 37,694 Increased By 1300.9 (3.57%)
KSE100 116,189 Increased By 2036.1 (1.78%)
KSE30 35,750 Increased By 549.8 (1.56%)

SYDNEY: The AUKUS nuclear-powered submarine partnership with Australia will benefit the United States and is the kind of “burden sharing” deal that President-elect Donald Trump has talked about, US national security adviser Jake Sullivan said.

In an interview with Australia’s Lowy Institute think tank published on Tuesday, Sullivan said he had confidence AUKUS would endure under the Trump presidency, as it enhances US deterrent capability in the Indo-Pacific and has Australia contributing to the US industrial base.

The trilateral AUKUS deal struck in 2021 is Australia’s biggest defence project, with a cost of A$368 billion ($245 billion) by 2055, as Australia buys several Virginia-class submarines from the United States while also building a new class of nuclear-powered submarine in Britain and Australia.

“The United States is benefiting from burden sharing - exactly the kind of thing that Mr Trump has talked a lot about,” Sullivan said of the AUKUS agreement.

Australia has agreed to invest $3 billion in US shipyards that build the Virginia-class nuclear submarines it will be sold early next decade amid concerns that a backlog of orders could jeopardize the deal.

Australia having conventionally armed, nuclear-powered submarines enhances America’s deterrent capability in the Indo-Pacific, Sullivan said.

New Zealand says no quick membership of AUKUS tech pact

“Australia is directly contributing to the US submarine industrial base so that we can build out this submarine capability, supply Australia in the nearer term with Virginia class submarines and then in the longer term with the AUKUS class submarine,” he added.

Australia’s defence and foreign ministers, meanwhile, met their counterparts in London on Monday to discuss progress on AUKUS for the first time since a change of government in Britain, and ahead of Trump’s inauguration as US president in January.

Britain’s Defence Secretary John Healey said they discussed “the challenge of maintaining peace and stability in the Indo-Pacific, the challenge of China - increasingly active, increasingly assertive in the region - and the vital importance of maintaining both deterrence and freedom of navigation”.

Australia’s Defence Minister Richard Marles said they discussed accelerating the process of bringing Australian companies into the supply chain in Britain for building submarines.

Comments

200 characters