{"id":2207030,"date":"2024-11-06T08:00:36","date_gmt":"2024-11-05T23:00:36","guid":{"rendered":"https:\/\/koreapro.org\/?p=2207030"},"modified":"2024-11-05T14:25:28","modified_gmt":"2024-11-05T05:25:28","slug":"agreement-between-us-and-south-korea-sets-stage-for-stricter-nuclear-exports","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2024\/11\/agreement-between-us-and-south-korea-sets-stage-for-stricter-nuclear-exports\/","title":{"rendered":"Agreement between US and South Korea sets stage for stricter nuclear exports"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The U.S. and South Korea signed a <\/span><a href=\"https:\/\/www.energy.gov\/articles\/us-republic-korea-reach-provisional-agreement-nuclear-cooperation\"><span style=\"font-weight: 400;\">provisional memorandum of understanding<\/span><\/a><span style=\"font-weight: 400;\"> (MOU) on Nov. 1 to advance cooperation in civil nuclear energy. This MOU reinforces both nations\u2019 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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This announcement follows the Czech Office for the Protection of Competition\u2019s (UOHS) decision on Oct. 31 to <\/span><a href=\"https:\/\/uohs.gov.cz\/cs\/informacni-centrum\/tiskove-zpravy\/verejne-zakazky\/4011-urad-prvostupnove-rozhodl-o-navrzich-westinghouse-a-edf-proti-prubehu-jaderneho-tendru.html\"><span style=\"font-weight: 400;\">provisionally halt<\/span><\/a><span style=\"font-weight: 400;\"> Korea Hydro and Nuclear Power\u2019s (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 <\/span><a href=\"https:\/\/koreapro.org\/2024\/07\/south-korea-secures-czech-nuclear-deal-boosting-yoons-energy-export-pledge\/\"><span style=\"font-weight: 400;\">initially selected<\/span><\/a><span style=\"font-weight: 400;\"> KHNP as the preferred bidder in July. However, Westinghouse raised objections, contending that KHNP cannot utilize U.S.-derived nuclear technology without authorization.<\/span><\/p>\n<p><b>WHY IT MATTERS<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The provisional MOU stated that the U.S. and ROK \u201cstrengthened their administration of export controls on civil nuclear technology,\u201d which may directly impact KHNP\u2019s bid in the Czech Republic. By committing to reinforced export controls, the MOU aims to address concerns about alleged U.S.-derived technology used in KHNP\u2019s exports, potentially requiring additional compliance steps or licensing agreements.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the MOU\u2019s provisional status means that its terms may still change. Until an agreement is finalized, KHNP\u2019s plan to export nuclear reactors to Europe will continue to face delays. Nonetheless, the MOU represents a step toward aligning its nuclear export framework with U.S. standards. This alignment may boost KHNP\u2019s credibility in European markets and could strengthen the U.S.-ROK alliance by building mutual trust around responsible nuclear technology exports.<\/span><\/p>\n<div class=\"content-tags\"><a href=\"https:\/\/koreapro.org\/tag\/business-economy\/\"><span class=\"tag\">Business &amp; Economy<\/span><\/a><a href=\"https:\/\/koreapro.org\/tag\/inter-korean-foreign-relations\/\"><span class=\"tag\">Inter-Korean &amp; Foreign Relations<\/span><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>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\u2019 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 [&hellip;]<\/p>\n","protected":false},"author":10407,"featured_media":2207031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[24,28],"class_list":["post-2207030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-briefings","tag-business-economy","tag-inter-korean-foreign-relations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agreement between US and South Korea sets stage for stricter nuclear exports - KOREA PRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/koreapro.org\/2024\/11\/agreement-between-us-and-south-korea-sets-stage-for-stricter-nuclear-exports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agreement between US and South Korea sets stage for stricter nuclear exports - KOREA PRO\" \/>\n<meta property=\"og:description\" content=\"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\u2019 commitments to nonproliferation, safety and security standards in nuclear technology exports, with strengthened administration of export controls on civil nuclear technology. 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