Nuclear Politics

White House Summit / US And South Korea Announce Plans To Expand Nuclear Energy Cooperation

By David Dalton
25 May 2021

US And South Korea Announce Plans To Expand Nuclear Energy Cooperation
US president Joe Biden held a summit with South Korean president Moon Jae-in at the White House on Friday. Courtesy White House/Facebook.
The US and South Korea have agreed to expand their work on nuclear energy development in a bid to increase their presence in foreign markets, including the development of new-build projects.

In a joint statement, both countries announced commitment to “develop cooperation in overseas nuclear markets, including joint participation in nuclear power plant projects, while ensuring the highest standards of international nuclear safety, security and nonproliferation are maintained”.

The statement followed summit between South Korean president Moon Jae-in and US president Joe Biden held at the White House on Friday.

In a separate fact sheet the two countries said: “As part of our earnest effort to ensure supply of nuclear power, South Korea and the United States commit to co-participate in overseas nuclear markets by promoting coordination in the supply chain.”

The fact sheet added that the two countries will adopt a common policy to “require recipient countries have an International Atomic Energy Agency safeguard agreement Additional Protocol in place as a condition of supply of nuclear power plants”.

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