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Briefings Agreement between US and South Korea sets stage for stricter nuclear exportsEnhanced 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 haltKorea Hydro and Nuclear Power’s (KHNP) contract for the Dukovany Nuclear Power Plant, pending legal complaints by Westinghouse Electric (U.S.) and Electricite © Korea Risk Group. All rights reserved. |





