President Joe Biden announced a landmark agreement with the leaders of Britain and Australia on Monday to develop fleets of nuclear-powered attack submarines. The military deal, which involves the U.S. sharing nuclear technology for such vessels, aims to counter China's growing capabilities and influence in Asia-Pacific region.

Joined by British Prime Minister Rishi Sunak and Australian Prime Minister Anthony Albanese, President Biden announced the agreement at a naval base in San Diego. According to the agreement, Australia will purchase the submarines from the U.S., followed by Britain, before building its own. This marks the first time the U.S. is sharing nuclear technology for such vessels in 65 years.

The aim of the deal is to increase the strategic presence of the three English-speaking nations in the region and deter China from making military advances. It is part of a broader effort to address China's growing military presence and assert