Accession of the Euratom to the Korean Peninsula Energy Development Organisation, KEDO

PURPOSE: to allow the European Atomic Energy Community to acceed to the Korean Peninsula Energy Development Organization (KEDO). CONTENT: the agreement sets out the terms and conditions of EURATOM's accession to KEDO, which already represents the interests of the Republic of Korea, Japan and the United States of America. As a condition of its membership EURATOM will pay an annual contribution of 15 million ECU to KEDO for a period of five years.�