(MENAFN) South Korea and the US took their first step in applying a joint nuclear energy accord that opens a pathway for the Asian ally to develop key technologies and ensure a secure supply of nuclear fuel.
Following more than 4 years of discussions, the two sides struck a deal last April to revise their 1974 nuclear cooperation pact in a way that reflects South Korea's growing status in the global atomic power industry.
Specifically, the world's fourth largest economy intends to develop a new technology known as pyroprocessing to better manage its spent nuclear fuel as its storage facilities reach capacity.
Additionally, Pyroprocessing poses less proliferation hazards than the conventional reprocessing technology because it does not produce pure plutonium that can be used in nuclear weapons.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.