The heads of government of Australia, the UK and the US announced the formation of a trilateral security pact, to be known by the acronym, AUKUS.
Key Dimensions
Nuclear Submarines: As part of this initiative, Australia will acquire nuclear-powered submarines with help from the US and the UK within a span of 18 months.
The grouping will also involve the sharing of cyber capabilities and other undersea technologies.
Focus on the Indo-Pacific: The leaders have clarified that the new pact is about advancing their strategic interests, upholding the international rules-based order, and promoting peace and stability in the Indo-Pacific.