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Anthony Albanese said the compensation will allow for a reset in the bilateral relationship between Australia and France.<\/p>\n<p>Australia&#8217;s fleet of Collins submarines were going to be replaced by a conventional fleet constructed by Naval Group but that deal was abandoned by the Morrison government, which decided to instead pursue nuclear-powered submarines under the AUKUS partnership.<\/p>\n<p>The decision in September 2021 to scrap the $90 billion contract enraged the French government, resulting in a diplomatic row that included the recall of its ambassadors from Canberra and Washington.<\/p>\n<p>&#8220;It follows, as well, discussions that I&#8217;ve had with President (Emmanuel) Macron and I thank him for those discussions and the cordial way in which we are re- establishing a better relationship between Australia and France,&#8221; Mr Albanese told reporters in Sydney on Saturday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In September 2021, Australia abruptly terminated a huge contract with the French Naval Group, which had been in the works for a decade. The new Prime Minister has just made public a compensation agreement of 555 million euros. Prime Minister. Anthony Albanese said the compensation will allow for a reset in the bilateral relationship between [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[156],"tags":[6859,2639,434,328,7252],"class_list":{"0":"post-18545","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-global","8":"tag-anthony-albanese","9":"tag-aukus","10":"tag-australia","11":"tag-france","12":"tag-submarines-contract"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Australian Government To Pay France&#039;s Naval Group $830 Million Over Scrapped Submarines Contract<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.lematinal.media\/australian-government-to-pay-frances-naval-group-830-million-over-scrapped-submarines-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Government To Pay France&#039;s Naval Group $830 Million Over Scrapped Submarines Contract\" \/>\n<meta property=\"og:description\" content=\"In September 2021, Australia abruptly terminated a huge contract with the French Naval Group, which had been in the works for a decade. 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