Australia invests in developing Papua New Guinea naval base

AP  |  Canberra (Australia) 

has announced it will invest in redeveloping a naval base as concerns mount over increasing Chinese influence in the

Australian and his counterpart Peter O'Neill met in on Thursday to sign the joint redevelopment agreement for the on

The leaders said in a joint statement the deal will enhance interoperability between the near-neighbours' militaries and lead to more Australian naval visits.

US of Naval Operations Adm has described the base redevelopment as a "terrific opportunity."

Richardson is visiting for talks on regional security and the Indo-Pacific region.

Richardson says it's too early to tell if US warships will eventually use the port.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 01 2018. 17:15 IST