Korea & S. Africa Sign Nuclear Power Cooperation Deal
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Korea's acting minister for foreign affairs and trade‚ Shin Kak-soo and South Africa's energy minister‚ Dipuo Peters signed a memorandum of understanding for joint nuclear power cooperation on Friday.
This marks Korea's 24th nuclear cooperation agreement and comes after winning a bid to build four nuclear power plants in the United Arab Emirates and the recent signing of a cooperation deal with Turkey.
Under the new pact‚ the two sides will collaborate on technical research‚ the construction of nuclear power plants‚ personnel exchanges‚ and they will also establish a bilateral committee for the peaceful use of atomic power..
South Africa's energy department Director General‚ Nelisiwe Magubane‚ announced earlier that the South African government plans to build six new power plants and that he expects help from China‚ France‚ and Korea hinting at the country's interest in Korea's participation.
Korea's nuclear power expertise is widely accepted as being among the world's best and Korean firms have gained huge interest from abroad for their technology and comparatively low prices.
President Lee Myung-bak also expressed high hopes on Friday when he met with South Africa's deputy president‚ Kgalema Motlanthe ‚ who is on a three-day working visit to Seoul.
Lee reiterated that "Korea will be able to actively participate in South Africa's power development projects including the construction of nuclear plants" while Motlanthe in response said that he has no doubt about the prospects for energy cooperation with Korea.
Motlanthe is scheduled to meet with a number of Korean ministers and top officials of the state-run electricity company KEPCO before wrapping up his trip.
Han Da-eun‚ Arirang News.
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