AcasăAsia Pacific NewsRomania, South Korea sign MoU on nuclear energy bilateral cooperation

Romania, South Korea sign MoU on nuclear energy bilateral cooperation

Published on

Romania and South Korea signed a Memorandum of Understanding on nuclear energy cooperation, which covers the improvement of nuclear equipment, safety and nuclear fuel equipment, small modular reactors (SMR), and radioactive waste management.

„On the occasion of the state visit to South Korea undertaken together with President of Romania Klaus Iohannis, Energy Minister Sebastian Burduja had a bilateral meeting with Korean Minister of Trade, Industry and Energy Ahn Duk-geun, with the sides signing a Memorandum of Understanding on nuclear energy cooperation, in the presence of the presidents of the two countries. The Memorandum provides for nuclear cooperation, including on the improvement of nuclear equipment, safety and nuclear fuel equipment, small modular reactors (SMRs), and radioactive waste management,” the Energy Ministry said in a release.

The two Energy ministers discussed energy policies and decided to expand cooperation for the development of the Cernavoda nuclear power plant and of the fuel supply chain.

The Republic of Korea intends to strongly support the nuclear power plant industry in terms of refurbishment, nuclear fuel supply, maintenance and management services. The construction and operation of small modular reactors will ensure clean, emission-free energy, the document states.

„This memorandum strengthens the partnership between Romania and the Republic of Korea. Energy is the main dimension of this collaboration, through several projects such as: the refurbishment of Unit 1 of the Cernavoda Nuclear Power Plant, and the construction of Europe’s first and the world’s third tritium-removal facility, which will give Romania the chance to become a European center for the production and export of tritium, a candidate fuel for future nuclear fusion reactors. Through this partnership, the Korean partners offer us the experience acquired in the nuclear energy field, their seriousness and competence,” Energy Minister Sebastian Burduja said, as cited in the statement.

The Romania – South Korea nuclear energy cooperation has developed a lot in recent years, mainly due to the Korean interest in Romania’s national nuclear projects. The Republic of Korea is among the states that have expressed their interest in financing the Doicesti small modular reactor project.

„Through its experience and tradition, the Republic of Korea can make a significant contribution to the development of Romania’s major energy projects and to the international dialogue on the topic of energy security and projects to diversify the supply of energy resources,” the release of the Romanian Energy Ministry notes.

AGERPRES

Latest articles

Euro trades at 4.9765 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

National Bank: Non-governmental loan balance up 0.5pct in November

The balance of non-governmental loans granted by credit institutions increased in November 2024 by...

Ana Bogdan, Anca Todoni debut with victories in the new season, in Brisbane (WTA)

Romanian tennis players Ana Bogdan and Anca Todoni debuted with victories, on Friday, in...

Bucharest Stock Exchange opens in the green on Friday

The Bucharest Stock Exchange (BVB) started Friday's session in the green, with transactions totalling...

More like this

Euro trades at 4.9765 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

National Bank: Non-governmental loan balance up 0.5pct in November

The balance of non-governmental loans granted by credit institutions increased in November 2024 by...

Ana Bogdan, Anca Todoni debut with victories in the new season, in Brisbane (WTA)

Romanian tennis players Ana Bogdan and Anca Todoni debuted with victories, on Friday, in...