South Korea, US and Japan agree to cooperate on SMR deployment, Seoul says
The deal commits more than $10 million in U.S. funding for technical support and training as the countries seek safer nuclear power options.
- On Tuesday, South Korean Foreign Minister Cho Hyun, U.S. Secretary of State Marco Rubio, and Japanese Foreign Minister Toshimitsu Motegi signed a memorandum of understanding in Ankara, Turkey, to accelerate Small Modular Reactor deployment across the Indo-Pacific.
- Inked on the sidelines of the NATO summit, the agreement leverages the three nations' "complementary advantages in the civil nuclear field" to encourage "mutually beneficial" cooperation on energy security and nuclear technology.
- The United States is committing more than $10 million for the State Department's FIRST Program, which aims to "de-risk project development, achieve economies of scale, catalyze private investment, streamline licensing processes, and optimize supply chains."
- Secretary Rubio emphasized that SMRs are the "future of energy generation" and will make economies "stronger," while Motegi hailed the agreement as a "significant achievement" for trilateral cooperation.
- Private sector partners including GE Vernova, Hitachi, and Samsung C&T have agreed to advance deployment of the BWRX-300 SMR, positioning firms to offer "more competitive alternatives" to meet regional energy demands.
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The Foreign Ministers of South Korea, Japan and the United States signed an agreement to cooperate in the implementation of small modular reactors in third countries. The signature took place in parallel with the North Atlantic Treaty Organization (NATO) summit, the South Korean Foreign Ministry informed on Wednesday (8).
South Korea, US and Japan agree to cooperate on SMR deployment, Seoul says
The foreign ministers of South Korea, Japan and the U.S. signed an agreement to cooperate on the deployment of small modular reactors in third countries on the sidelines of the NATO summit, South Korea's foreign ministry said on Wednesday.
Trilateral Pact: Energy Cooperation Boost | Science-Environment
Foreign ministers of South Korea, Japan, and the U.S. have signed an agreement to collaborate on deploying small modular reactors in third countries. This agreement, signed on the sidelines of the NATO summit, aims to provide competitive energy solutions in the Asia-Pacific region and beyond.
Korea, US, Japan sign MOU for cooperation on small modular reactor deployments
The foreign ministers of South Korea, Japan and the U.S. signed an agreement to cooperate on the deployment of small modular reactors in third countries on the sidelines of the NATO summit, South Korea's foreign ministry said on Wednesday.
South Korea, the U.S., and Japan Sign Memorandum of Cooperation to Accelerate Introduction of SMRs in Indo-Pacific Region; First Foreign Ministers' Meeting of the Year on the Sidelines of the NATO Summit; Secretary of State Marco Rubio, South Korean Foreign Minister Cho Hyun, and Japanese Foreign Minister Toshimitsu Motegi held a meeting on the 7th in Ankara, Turkey, on the sidelines of the NATO Summit.
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