South Korea's unprecedented acquisition of a US$20.4 billion contract to develop nuclear power plants for the United Arab Emirates is fueling hopes of at least short-term economic development with regard to nuclear energy-related industries. The acquisition of the contract also marks the beginning of a new relationship with the United States over nuclear power. The largest single construction contact Seoul has ever won, it makes South Korea the world's sixth exporter of nuclear plants.
Renegotiating the South Korea-US Nuclea…
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South Korea's unprecedented acquisition of a US$20.4 billion contract to develop nuclear power plants for the United Arab Emirates is fueling hopes of at least short-term economic development with regard to nuclear energy-related industries. The acquisition of the contract also marks the beginning of a new relationship with the United States over nuclear power. The largest single construction contact Seoul has ever won, it makes South Korea the world's sixth exporter of nuclear plants.
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