President Moon: "Nuclear Power Will Continue to Play a Role Until Carbon Neutrality in 2050"

Summit with Hungarian President... "No New Nuclear Power Plants, Closure of Plants at End of Design Life"

[Asia Economy Reporter Ryu Jeong-min] On the 3rd (local time), President Moon Jae-in said during a summit with Hungarian President ?der J?nos, "The role of nuclear power will continue until carbon neutrality in 2050, but no new nuclear power plants will be constructed, and nuclear power plants whose design life has ended will be closed."

President Moon made this remark after President ?der explained Hungary's energy mix policy, which includes nuclear power and renewables such as solar power, according to Blue House spokesperson Park Kyung-mi.

President Moon said, "We aim to achieve carbon neutrality by increasing the share of renewable energy such as solar power, wind power, especially offshore wind power, and hydrogen energy," adding, "Let us closely cooperate on renewable energy to activate the hydrogen economy, including hydrogen vehicles, hydrogen fuel cells, and hydrogen energy."

[Image source=Yonhap News]

President Moon also mentioned the commonalities between Korea and Hungary. He said, "Korea and Hungary share many historical and cultural similarities in that both have defended their national independence against numerous foreign invasions and achieved freedom and democracy through struggles against dictatorship."

Spokesperson Park explained, "President Moon said that since Korea's New Deal and the EU's digital transition and Green Deal, which includes Hungary, are similar, he hopes that cooperation between Korea and Hungary will accelerate economic recovery on both sides. President ?der agreed with this and also requested that if Korea develops energy storage technology, it be shared with Hungary first."

The two leaders also exchanged views on overcoming COVID-19 and vaccines. Spokesperson Park said, "President Moon suggested sharing Hungary's experience as the first to implement phased daily recovery, and President ?der praised Korea's success in overcoming the COVID crisis."

President Moon said, "Hungary has made great advances in science, technology, and medicine, and I am well aware that one of the key researchers of the mRNA vaccine is Hungarian," adding, "Combining Hungary's vaccine research capabilities with Korea's vaccine production capabilities could create a win-win situation for both countries."

Spokesperson Park evaluated, "Hungary was the first among Eastern European socialist countries to establish diplomatic relations with us, marking the starting point of our northern diplomacy. This visit, the first by our president in 20 years since President Kim Dae-jung's visit in 2001, served as an opportunity to confirm the close development of Korea-Hungary relations over the past 20 years."

This content was produced with the assistance of AI translation services.