Flag of the Republic of Korea. File photoSEUL, May 21stSouth Korean President Yun Sok-yeol, following talks with his American counterpart Joe Biden, said that the countries would develop cooperation in the field of nuclear energy, the press conference of the leaders was broadcast on Youtube by the South Korean government channel KTV. «For the development of advanced reactors and small modular nuclear reactors ( SMR) and promoting their exports to the civilian nuclear (energy — ed.) industry… agreed to cooperate,» Yoon Seok-yeol said.South Korea and the United States are stepping up joint military exercises The United States and South Korea recognize the importance of energy security given the rapid increase in volatility in the global energy market as a result of the crisis in Ukraine, and are also committed to addressing climate change, according to a joint statement from the presidents following the talks.Leaders will work to strengthen joint cooperation in securing energy supply chains, including fossil fuels and enriched uranium. Countries will seek to reduce dependence on fossil fuels, recognizing that «true energy security» means the rapid adoption of clean energy technologies. South Korea and the United States will use tools such as the reopening of the Bilateral High-Level Commission (HLBC), which is an advisory body for strategic cooperation in nuclear energy, a bilateral memorandum of understanding and cooperation in the field of export and transfer of nuclear technology. jpg» />U.S.-South Korea alliance built on mutual sacrifice, Biden said The U.S. also welcomes the Republic of Korea's decision to join the U.S.-led Foundational Infrastructure for the Responsible Use of Small Modular Reactor Technology (FIRST) program. Bayde He arrived in South Korea on Friday for his first summit with the country's new president, Yoon Seok-yeol. South Korea was the first stop on Biden's Asian tour, which will run from May 20 to 24 and includes South Korea and Japan. South Korea and the United States have already announced strengthening cooperation in the field of nuclear energy at the summit between former President Moon Jae-in and Biden in May last year, but so far have not achieved concrete results.
