Seoul seeks to export nuclear safety devices, technology

In addition to its nuclear power plants, the country is seeking to export its technologies and devices for safety of nuclear reactors, a move especially aimed at promoting exports by the country's small- and medium-sized firms, the government said Monday. Organized by the Ministry of Science, ICT and Future Planning, three local manufacturers of nuclear safety devices, such as portable radiation detection kits, will stage product promotion events in Thailand and Singapore this week.  To further promote nuclear cooperation with the South Asian countries, the Korea Nuclear International Cooperation Foundation will sign two separate agreements on cooperation with Thailand's leading bio-firm Pondpol Group and Singapore's Biomedia Holdings Pte. Ltd., the ministry said.  "The signing of the agreements is expected to contribute to an expansion of the market in Southeast Asia for the country's nuclear technologies and companies," it said in a press release. The ministry said the Thailand market was especially expected to show significant growth in recent years as it plans to set up a nationwide radiation detection system while also building storage units for spent nuclear fuel. "The ministry will continue to offer various opportunities for overseas expansion for our small- and medium-sized firms by hosting overseas business fairs and product exhibition events," it said.