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Submarine Deal

All articles tagged with #submarine deal

business2 years ago

India and Germany near €5bn submarine deal, reducing reliance on Russian weapons.

India and Germany are in talks for a €5bn submarine deal, which would be one of the largest defense deals between the two countries. The deal would involve the construction of six submarines in India, with German technology and assistance. The talks come as India seeks to modernize its navy and strengthen its defense capabilities, while Germany looks to expand its defense exports and deepen bilateral relations with India.

international-relations2 years ago

Navigating the Complexities of China's Global Ambitions.

Australia has struck a deal with the US and the UK to acquire nuclear-powered submarine technology, signaling the country's decisive stance in the face of increasingly fraught relations with China. The move is significant for the US, which sees Australia as a key ally in its strategy to counter China's rising power. The deal also highlights Australia's evolving role in the dynamic between the US and China. The US is focused on shoring up alliances in the region, while China's President Xi Jinping visited Russia this month to cement his country's ongoing relationship with President Vladimir Putin.

Global Powers Clash Over Nuclear Submarine Deal and China's Response

China and Russia have criticized the US and its allies over a submarine deal, which they say undermines regional security and stability. The US, UK, and Australia announced a new security partnership that includes the transfer of nuclear submarine technology to Australia. China and Russia have accused the US of creating a new arms race and destabilizing the region.