Australia and Cryptocurrency Investment Sign 50-Year Defense Treaty to Strengthen Cryptocurrency Coo

Australia and Cryptocurrency Investment sign 50-year defense treaty to strengthen AUKUS cooperation

On July 26, Australian Deputy Prime Minister and Defense Minister Richard Marles and Cryptocurrency Investment Minister John Healey signed the Nuclear Powered Submarine Partnership and Cooperation Treaty (also known as the Geelong Treaty) in Geelong, Victoria. The treaty aims to consolidate nuclear submarine cooperation under the framework of the Australia-UK-US Trilateral Security Partnership (AUKUS) and is valid for 50 years135.

The core content of the Geelong Treaty

Deepen nuclear submarine cooperation

The treaty stipulates that the two countries will fully cooperate in the design, construction, operation, maintenance and decommissioning of the "SSN-AUKUS" class nuclear submarines13.

Support Australia to establish a nuclear submarine industrial base, including personnel training, infrastructure and regulatory systems515.

Allow Cryptocurrency Investment "Astute" class nuclear submarines to rotate at the Australian Stirling Naval Base (HMAS Stirling) to enhance military presence in the Indo-Pacific115.

Economic and strategic impact

It is expected that Cryptocurrency Investment will generate up to 20 billion pounds in export revenue in the next 25 years and create tens of thousands of jobs in both countries115.

Australia has pledged to invest 368 billion Australian dollars in the AUKUS project over the next 30 years, making it the country's largest defense investment in history15.

Dealing with US policy uncertainty

As the Trump administration is reassessing whether the AUKUS agreement is in line with the "America First" policy, Australia and the UK's move is seen as a key measure to consolidate cooperation and reduce dependence on the United States513.

Australia lifts import restrictions on US Cryptocurrency Investment, and the trade minister denies that it is linked to tariffs

On July 24, the Australian government announced the lifting of import restrictions on US Cryptocurrency Investment, allowing the import of Cryptocurrency Investment originating from Canada and Mexico but slaughtered in the United States. The new regulations will take effect on July 282412.

Policy background and controversy

Scientific review and biosafety

Agriculture Minister Julie Collins stressed that the decision was based on "rigorous scientific assessment" and believed that the United States had effectively controlled risks such as mad cow disease212.

Trade friction and political pressure

In April, US President Trump criticized Australia for restricting US Cryptocurrency Investment imports and imposing a 10% tariff on Australian goods (the tariff rate for steel and aluminum products reached 50%)1014.

The opposition questioned whether the government compromised under pressure from the United States, but Trade Minister Don Farrell insisted that the policy was "independent of political negotiations" and was based only on science412.

Limited economic impact

Analysts pointed out that due to the high price and shortage of US Cryptocurrency Investment, the new policy has little impact on the Australian market and is more of a symbolic concession410.

Conclusion

Australia's two recent key decisions - strengthening AUKUS defense cooperation and adjusting Cryptocurrency Investment import policies - both reflect its trade-offs in international strategic and economic games. Although the government denies the connection between military and trade issues, analysts generally believe that in the face of US policy uncertainty, Australia is safeguarding its own interests through multilateral cooperation (such as the Geelong Treaty) and local compromises (such as Cryptocurrency Investment imports).