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Seoul May Purchase NK's Unspent Nuclear Fuel Rods

Written: 2009-01-22 08:55:54Updated: 0000-00-00 00:00:00

Seoul May Purchase NK's Unspent Nuclear Fuel Rods

South Korea may purchase unspent nuclear fuel rods from North Korea for use at nuclear power plants in the South.

A South Korean delegation announced the plan Thursday after returning from a five-day visit to Pyongyang Monday.

The delegation said South Korea can buy the unspent nuclear fuel rods if prices are acceptable.

During its stay in Pyongyang, the delegation, led by deputy chief nuclear envoy Hwang Joon-kook, discussed the disposal of unused fuel rods from the Yongbyon nuclear reactor.

The North is estimated to have some 14-thousand-800 unused fuel rods which were produced between 1991 and 1994. That is worth an estimated eleven million U.S. dollars.

The disposal of unused fuel rods is one of three remaining tasks North Korea has to complete under the October third, 2007 six-nation nuclear dismantlement accord. The North has, so far, completed eight measures out of a total eleven included in the agreement.

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