Australia reviewing lease of Darwin port to Chinese firm - source


  • World
  • Monday, 03 May 2021

FILE PHOTO: Machinery can be seen sitting at the Port of Darwin, located in the Northern Territory's capital city of Darwin in Australia, April 21, 2017. Picture taken April 21, 2017. REUTERS/Tom Westbrook/

SYDNEY (Reuters) -Australia is reviewing the 99-year lease of a commercial and military port in the country's north to a Chinese firm, a government source said on Monday, a move that could further inflame tensions between Beijing and Canberra.

Australia overhauled its foreign investment laws late last year, giving the government the retrospective power to impose new conditions or even force a divestment on deals that have already been approved.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Ireland says UK's Rwanda policy drives migrants over its border
Somalia detains U.S.-trained commandos over theft of rations
A Chinese firm is America’s favourite drone maker – except in Washington
Smaller towns in South Korea bear brunt of doctors’ shortage
Spain to send Patriot missiles to Ukraine, El Pais reports
Swiss parliamentary committee backs $5.5 billion aid plan for Ukraine
South Sudanese comedians find laughs in painful past
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say
Ukraine court orders agriculture minister to be taken into custody

Others Also Read