Korea-US Nuclear Alliance's 'Last Puzzle': Westinghouse Board Seat Talks Stall
Under a $200 billion US investment package, Korea and the US are preparing an agreement to build 8-10 large reactors. Seoul insists on a stake of at least 15% in Westinghouse and a board seat, while the US offers 5-10% without voting rights.
- Package includes building 8-10 AP1000 and APR1400 reactors for $120-160 billion
- Westinghouse valued at $15-20 billion; a 15% stake would cost $2.25-3 billion
- US offers Korea only 5-10% without a board seat
- MOU signing expected around the 18th, possible delay
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