France and Australia say they are ready to rebuild bilateral relations
Reuters
Published May 26, 2022 18:26
PARIS (Reuters) - France and Australia are ready to rebuild their bilateral relationship after Australians voted last week to oust a government that had angered Paris by ditching a submarine procurement contract between the two countries.
In a statement released on Thursday, the French presidential palace said French President Emmanuel Macron had called new Australian Prime Minister Anthony Albanese to congratulate him on his election. The Labor Party leader was sworn in on Monday.
"After acknowledging the severe breach of trust following the decision of the previous prime minister, Scott Morrison, to terminate the submarine contracts, the French president and Australia's prime minister have agreed to rebuild a bilateral relation based on trust and respect (...)," the Elysee said.
"A roadmap will be established to structure this new bilateral agenda (...)," the statement added.
Last October, France accused its allies of stabbing it in the back when Australia opted for nuclear-powered submarines to be built with U.S. and British technology instead of a multi-billion dollar French submarine programme.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.