Enhanced export controls under provisional MOU may delay KHNP’s nuclear bids in Europe’s energy market
The U.S. and South Korea signed a provisional memorandum of understanding (MOU) on Nov. 1 to advance cooperation in civil nuclear energy. This MOU reinforces both nations’ commitments to nonproliferation, safety and security standards in nuclear technology exports, with strengthened administration of export controls on civil nuclear technology. However, the agreement is provisional, pending final review in both countries.
This announcement follows the Czech Office for the Protection of Competition’s (UOHS) decision on Oct. 31 to provisionally halt Korea Hydro and Nuclear Power’s (KHNP) contract for the Dukovany Nuclear Power Plant, pending legal complaints by Westinghouse Electric (U.S.) and Electricite de France (EDF). The Czech government had initially selected KHNP as the preferred bidder in July. However, Westinghouse raised objections, contending that KHNP cannot utilize U.S.-derived nuclear technology without authorization.
The U.S. and South Korea signed a provisional memorandum of understanding (MOU) on Nov. 1 to advance cooperation in civil nuclear energy. This MOU reinforces both nations’ commitments to nonproliferation, safety and security standards in nuclear technology exports, with strengthened administration of export controls on civil nuclear technology. However, the agreement is provisional, pending final review in both countries.
This announcement follows the Czech Office for the Protection of Competition’s (UOHS) decision on Oct. 31 to provisionally halt Korea Hydro and Nuclear Power’s (KHNP) contract for the Dukovany Nuclear Power Plant, pending legal complaints by Westinghouse Electric (U.S.) and Electricite de France (EDF). The Czech government had initially selected KHNP as the preferred bidder in July. However, Westinghouse raised objections, contending that KHNP cannot utilize U.S.-derived nuclear technology without authorization.
Get 30 days
of free access to
KoreaPro
-
Full access to all analysis
-
The KOREA PRO newsletter, every business day
-
Daily analysis on the top story of the day
-
The ability to suggest topics for coverage by our specialist team
Be smart about South Korea
Get full access to expert analysis and opinion.
Start
now
No charges during your trial. Cancel anytime. A paid subscription will start after 30 days.
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.