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 your
KoreaPro
subscription today!
Unlock your access to all our features.
There are three plans available: Lite, Standard, and Premium.
Unlock your access
to all our features.
Standard plan includes:
-
Receive full archive access
-
Monthly research report via email and on KOREA PRO website
-
Submit requests for coverage
-
One year of access to NK News
-
One year of access to NK News Podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Subscribe now
© 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.