NUCLEAR POWER SECTOR BENEFITS FROM EU-SOUTH KOREA DEAL

BY KEITH NUTHALL THE EUROPEAN Commission has unveiled details of how a new South Korean-European Union (EU) trade agreement will benefit the nuclear energy sector in Europe and South Korea - boosting trade in equipment and fuel inputs. Notably, upon ratification of the agreement, 5.7% duties on EU imports of South Korean nuclear reactors will disappear, as will 3.7% tariffs on machinery and apparatus for isotopic separation, (and parts); fuel elements and nuclear reactor parts; and 2.7% duties on a wide range of water boilers that could be fitted into EU nuclear ...


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