CELEX: 22019A1126(01)
Language: en
Date: 2019-10-24 00:00:00
Title: Agreement between the European Atomic Energy Community and the Korean Peninsula Energy Development Organisation

26.11.2019   
               
               
                  EN
               
               
                  Official Journal of the European Union
               
               
                  L 304/2
               
            
         AGREEMENT
         between the European Atomic Energy Community and the Korean Peninsula Energy Development Organisation
         THE EUROPEAN ATOMIC ENERGY COMMUNITY,
         Hereinafter referred to as ‘the Community’, and
         THE KOREAN PENINSULA ENERGY DEVELOPMENT ORGANISATION,
         Hereinafter referred to as ‘KEDO’,
         Whereas:
         
                     (1)
                  
                  
                     KEDO was established pursuant to the Agreement of 9 March 1995 on the Establishment of the Korean Peninsula Energy Development Organisation, as amended on 19 September 1997, between the Governments of the Republic of Korea, Japan and the United States of America;
                  
               
                     (2)
                  
                  
                     The Agreement concluded between the Community and KEDO expired on 31 May 2015;
                  
               
                     (3)
                  
                  
                     After its decision to terminate KEDO’s nuclear light water reactor project and the 2007 decision to fulfil the responsibilities of the Secretariat with a greatly reduced staff and minimal office facilities, KEDO’s Executive Board decided to continue KEDO beyond 31 May 2015;
                  
               
                     (4)
                  
                  
                     Both the Community and KEDO have expressed the wish to continue their co-operation with the objective of implementing the termination of the LWR project and an orderly winding up of KEDO;
                  
               HAVE AGREED AS FOLLOWS:
         
            Article 1
            Application of the provisions of the previous Agreement
            Unless otherwise specified in one of the articles here below, the provisions of the previous Agreement between the Community and KEDO, which expired on 31 May 2015, shall remain applicable under this Agreement.
         
         
            Article 2
            Community contribution
            There shall be no financial contribution from the Community to KEDO’s budget under this Agreement.
         
         
            Article 3
            Duration
            This Agreement shall be in force between 1 June 2015 and 31 May 2018 and may be renewed beyond 31 May 2018.
         
         
            Article 4
            Entry into force
            This Agreement shall enter into force upon signature by the Community and KEDO and will retroactively take effect from 1 June 2015 until 31 May 2018.
         
         
            Done at Brussels on the twenty-fourth day of October in the year two thousand and nineteen, in two originals
            
               
                  For the European Atomic Energy Community
               
               Ditte JUUL-JØRGENSEN
            
            Done at New York on the thirtieth day of October in the year two thousand and nineteen, in two originals
            
               
                  For the Korean Peninsula Energy Development Organisation
               
               David WALLACE