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With China rivalling, Australia seals $325 mn security & economic deal with Vanuatu in the Pacific
Published on: Aug. 13, 2025, 6:04 p.m. | Source: Firstpost
Australia and Vanuatu on Wednesday agreed a A$500 million ($326.50 million) deal to strengthen economic and security ties between the two countries, amid increasing competition from China, the Pacific island nation's largest external creditor.