The United States and United Kingdom will share proprietary nuclear propulsion technology with Australia. They will also cooperate on long-range strike weapons , artificial intelligence, and cybertechnology. This "AUKUS" agreement will enable Australia to design its own nuclear-powered attack submarines.
Here are five key takeaways.
1) Australia views China as a critical threat
While Australia will only build nuclear attack submarines (nuclear-powered but conventionally armed) and not nuclear ballistic missile submarines (armed with nuclear weapons), this agreement reflects Australia's new critical threat perception of China.
Facing Australia's increased restriction of Chinese espionage and political influence and its support for U.S. efforts to deter Chinese imperialism, Beijing has waged an aggressive economic pressure campaign against Canberra. In turn, Prime Minister Scott Morrison has boosted defense spending and strengthened military ties to the U.S.