Korea and U.S. sign MOU on nuclear exports and cooperation

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Published: 09 Jan. 2025, 11:07

A nuclear power plant in Dukovany, Czech Republic in 2011. [AP/YONHAP]

Korea and the United States have formally signed a memorandum of understanding (MOU) on principles concerning nuclear exports and cooperation, the Ministry of Trade, Industry and Energy said on Thursday.

Industry Minister Ahn Duk-geun and Secretary of Energy Jennifer Granholm attended the signing event on Wednesday, which involved Korea's industry and foreign ministries and the U.S.' State and Energy Departments. It came after the two sides initialed the document in November.

In a joint release, the two sides highlighted their mutual commitment to maximizing the peaceful use of nuclear energy in accordance with the "highest standards" of safety, security, safeguards and nonproliferation.

The signing of the MOU followed a dispute between Korea Hydro & Nuclear Power and Westinghouse Electric, a U.S. nuclear energy firm, over a nuclear reactor export issue.

Yonhap