Market
What will be the first major project under the Australia-Nauru treaty by the end of 2025?
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Resolution / Starting Odds
Police facilities • 25%
Port infrastructure • 25%
Telecommunications • 25%
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Official announcements from the Australian or Nauruan governments or reports from major news outlets like ABC or The Sydney Morning Herald
Story
Australia-Nauru Treaty Grants Veto Power to Counter China's Influence
Dec 9, 2024, 01:54 AM
Australian Prime Minister Anthony Albanese and Nauru President David Adeang have signed a new treaty aimed at enhancing security and infrastructure in Nauru. The agreement includes provisions for Australia to invest in improving Nauru's police and security capabilities, as well as ensuring that third parties do not use critical infrastructure for security purposes. This treaty gives Australia veto power over Nauru's security and infrastructure partners, effectively countering China's growing influence in the region. The signing of this treaty marks a significant step in Canberra's strategy to bolster its presence in the Pacific, particularly in light of China's expanding regional activities.
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Successful completion • 25%
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China • 25%
Australia • 25%
USA • 25%
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