US official calls Korean firms' participation in nuclear expansion 'almost mandatory'
Washington considers the participation of Korean companies all but essential to its nuclear expansion, a U.S. government official familiar with the matter said in Seoul Thursday, as the two countries look to build reactors at home and in third countries. “I think it's almost mandatory that we will have Korean companies involved,” the official said, after attending the International Ministerial…
A U.S. government official has stated that Korean companies' involvement in the U.S.'s nuclear expansion plans is virtually mandatory. This assertion was made during a meeting at the International Ministerial Conference on Nuclear Power in Incheon. The official, speaking about the future of nuclear power in the U.S. and globally, emphasized the need for Korean firms to contribute to this expansion.
The 123 Agreement, the bilateral nuclear cooperation pact between the U.S. and South Korea, does not impede Korean companies from participating. The official clarified that the export of technology is subject to standard export-control measures, which are not a barrier under the agreement. Korean industry is already involved in several U.S. nuclear projects, with SK being one of them.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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