Japan and Australia have signed a major defense agreement worth 10 billion Australian dollars, equivalent to about 7 billion US dollars, for the supply of advanced warships. The memorandum of understanding was signed in Melbourne on Saturday by Australian Defense Minister Richard Marles and Japanese Defense Minister Shinjiro Koizumi, reaffirming both governments’ commitment to the successful implementation of the project.

Under the agreement, Japan’s Mitsubishi Heavy Industries will deliver three advanced Mogami-class multi-role frigates to the Royal Australian Navy starting in 2029. An additional eight frigates will later be built at the Henderson Shipyard near Perth in Western Australia. Japan’s defense ministry said the deal strengthens bilateral defense relations and formalizes the process of supplying general-purpose frigates.

According to the report, Australia plans to deploy the new warships to protect key maritime trade routes and access points in the Indian and Pacific Oceans. Analysts noted that the agreement adds a new dimension to regional security strategy amid China’s growing military presence.