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South Korea: Nuclear contract won

South Korea has become the first Asian country to export nuclear technology to

South Korea has become the first Asian country to export nuclear technology to Europe. South Korean President Park Geun-hye and Dutch King Willem-Alexander last week witnessed the signing of the $23 million agreement in Seoul. A consortium led by the Korea Atomic Energy Research Institute beat bids from France, Germany and Russia. The contract is to increase the capacity of a nuclear reactor at the Netherlands’ Delft University of Technology from two to three megawatts. The consortium will also build a research facility to study cold neutrons.