29.7.11

India , South Korea sign N pact

India and South Korea signed a nuclear agreement that will allow the latter to bid for the export of atomic reactors. The pact, the ninth one to be signed by India with a foreign country, provides South Korea with a legal foundation to participate in India’s nuclear expansion programme. The other nations with which India has nuke pacts are Russia, US, France, Mangolia, Argentina, Kazakhstan, UK and Canada. Korean firms can now bid to build nuclear power plants in India. The deal was accorded priority during President Pratibha Patil’s visit to South Korea, which began on Monday. She is accompanied among others by Srikumar Banerjee, the chairman of atomic energy commission. Patil said during her trip she will “push for a civil nuclear co-operation with South Korea.’’ Indian experts said that this collaboration is significant as it comes at a time when a pact with Japan is facing roadblocks. Seoul’s staterun Korea Electric Power Corporation has been trying to join hands with Nuclear Power Corporation to build reactors in India.

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