Focus Taiwan
Date: 2017/09/25
By: Huang Li-yun and Y.F. Low
Taipei, Sept. 25 (CNA) A contract signed between state-run Taiwan Power Co.
(Taipower) and North Korea in 1997 on the disposal of nuclear waste has never been valid, leaving the company with no obligation to pay any compensation to North Korea, an official said Monday.
The contract had allowed Taipower to ship 60,000 barrels of low-radioactive nuclear waste to North Korea for ultimate disposal but never came into force because North Korea did not provide Taipower the data necessary to obtain an export permit for the shipment, according to Taipower spokesman Lin Te-fu (林德福).
Although North Korea reportedly planned to seek NT$300 million in compensation from Taipower for breach of contract, the company has never received any formal request from North Korea for compensation or made any such payment, he said.
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