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The AUKUS pact will go beyond defence and affect the wider economy

The signing of the Aukus mutual defence treaty today is a significant step for Britain and for British business and reflects the close partnership of three Anglophone countries. (The fourth country, New Zealand, cannot be a member due to its 37-year-old nuclear-free NZ policy but will cooperate in many aspects.) Distance appears to matter less than cultural proximity and trust. The move is likely to go some way to repair damaged relations between the UK and USA following the mechanism of withdrawal from Afghanistan.

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