Australia and Nauru sign treaty on economy and security

The leaders of Australia and Nauru have signed a treaty beefing up their nations' economic and security ties.

Under the pact, Canberra has pledged to invest 100 million Australian dollars, over five years for education, health and social services in Nauru.

It will spend another 25 million US dollars in the same period to strengthen Nauru's policing and national security.Australian is Nauru's largest economic, security and development partner, Australian Prime Minister Anthony Albanese said.

Nauruan President David Adeang said the treaty will strengthen his country's economy, enhance mutual security and ensure "growth and resilience" for Nauruans.