Korea and Argentina to Cooperate on Nuclear Project

20 September 2010 (Last Updated September 20th, 2010 18:30)

Korea and Argentina have signed a memorandum of understanding (MoU) to support Argentina's nuclear power projects. Under the MoU, the two countries will cooperate in nuclear power plant projects and related technology, according to JoongAng Daily. Currently, Argentina has two

Korea and Argentina have signed a memorandum of understanding (MoU) to support Argentina's nuclear power projects.

Under the MoU, the two countries will cooperate in nuclear power plant projects and related technology, according to JoongAng Daily.

Currently, Argentina has two operational nuclear power plants and expects to complete another next year, after its construction was suspended because of financial problems.

A new project to build light-water reactors will be launched next year.

With the MoU, Korea Electric Power Corporation and Korea Hydro and Nuclear Power will be able to participate in the development of Argentina's new nuclear plants and overhauling the country's Embalse Nuclear Power Station.

A technical team from Nucleoelectria Argentina and the National Atomic Energy Commission will visit Korea to negotiate details.