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APR 29, 2016 - Yahoo! News

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How France sank Japan's $40 billion Australian submarine dream

By Tim Kelly, Cyril Altmeyer and Colin Packham TOKYO/PARIS/SYDNEY (Reuters) - In 2014, a blossoming friendship between Australian Prime Minister Tony Abbott and his Japanese counterpart Shinzo Abe looked to have all but sewn up a $40 billion submarine deal. Then French naval contractor DCNS hatched a bold and seemingly hopeless plan to gatecrash the party. Almost 18 months later, ...

Tags: How France sank Japan's $40 billion Australian submarine dream,  Tony Abbott Latest News