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Australia, Britain sign 50-year AUKUS submarine partnership treaty
Published by Global Banking & Finance Review®
Posted on July 26, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on July 26, 2025
2 min readLast updated: January 22, 2026
Australia and Britain signed a 50-year AUKUS submarine partnership to enhance defense cooperation, focusing on nuclear-powered submarines to counter China's Indo-Pacific ambitions.
SYDNEY (Reuters) -Australia's government said on Saturday it signed a treaty with Britain to bolster cooperation over the next 50 years on the AUKUS nuclear submarine partnership.
The AUKUS pact, agreed upon by Australia, Britain and the U.S. in 2021, aims to provide Australia with nuclear-powered attack submarines from the next decade to counter China's ambitions in the Indo-Pacific. U.S. President Donald Trump's administration announced a formal review of the pact this year.
Defence Minister Richard Marles said in a statement that the bilateral treaty was signed with Britain's Defence Secretary John Healey on Saturday after a meeting in the city of Geelong, in Victoria state.
"The Geelong Treaty will enable comprehensive cooperation on the design, build, operation, sustainment, and disposal of our SSN-AUKUS submarines," the statement said.
The treaty was a "commitment for the next 50 years of UK-Australian bilateral defence cooperation under AUKUS Pillar I", it said, adding that it built on the "strong foundation" of trilateral AUKUS cooperation.
Britain's ministry of defence said this week that the bilateral treaty would underpin the two allies' submarine programmes and was expected to be worth up to 20 billion pounds ($27.1 billion) for Britain in exports over the next 25 years.
AUKUS is Australia's biggest-ever defence project, with Canberra committing to spend A$368 billion over three decades to the programme, which includes billions of dollars of investment in the U.S. production base.
Australia, which this month paid A$800 million to the U.S. in the second instalment under AUKUS, has maintained it is confident the pact will proceed.
The defence and foreign ministers of Australia and Britain held talks on Friday in Sydney on boosting cooperation, coinciding with Australia's largest war games.
As many as 40,000 troops from 19 countries are taking part in the Talisman Sabre exercises held from July 13 to August 4, which Australia's military has said are a rehearsal for joint warfare to maintain Indo-Pacific stability.
Britain has significantly increased its participation in the exercise co-hosted by Australia and the United States, with aircraft carrier HMS Prince of Wales taking part this year.
(Reporting by Sam McKeith in Sydney; Editing by Jacqueline Wong)
The AUKUS treaty aims to bolster cooperation over the next 50 years on the nuclear submarine partnership, enhancing bilateral defence collaboration.
The bilateral treaty is expected to be worth up to 20 billion pounds ($27.1 billion) for Britain's submarine programmes.
Australia paid A$800 million to the U.S. as the second instalment under the AUKUS agreement this month.
The Talisman Sabre exercises, involving 40,000 troops from 19 countries, are associated with the AUKUS partnership and are a rehearsal for joint warfare.
Defence Minister Richard Marles signed the treaty for Australia, while Britain's Defence Secretary John Healey represented the UK.
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