S.Korea signs MOU on Philippine nuclear safety checks, eyes plant deals

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S.Korea signs MOU on Philippine nuclear safety checks, eyes plant deals - Korea Economic Daily

Quick Summary:

MANILA – South Korea on Monday signed an initial agreement with the Philippines to conduct a safety check on a nuclear power plant before a restart – a move widely expected to enhance the chances for Seoul to participate in a series of nuclear power plant projects in the Southeast Asian countries.

The Southeast Asian nation sent the first and largest troop of 7,420 soldiers to South Korea when the Korean War broke out in 1950.‘BEST NUCLEAR PLANT PARTNER’At a press conference following their summit meeting in Manila on Monday, President Yoon said: "Team Korea will become the best nuclear plant partner for the Philippines".

During the summit held at the Malacañang Palace, the leaders signed a memorandum of understanding (MOU) allowing Korea Hydro & Nuclear Power Co.(KHNP) to conduct a feasibility study on restarting the Bataan Nuclear Power Plant.