South Korea, US reach deal on nuclear cooperation

Soth Koreau and the United States have reached an agreement on their nuclear energy partnerships, wrapping up nearly five years of negotiations, Yonhap news agency reported quoting Seoul's foreign ministry.

A signing ceremony will be held at the ministry at 4:15 p.m. between Park Ro-byug, South Korea's ambassador for nuclear energy cooperation, and Mark Lippert, U.S. ambassador to Seoul, it added.

The ministry did not immediately reveal the detailed contents of the deal.

Diplomatic sources said South Korea will be allowed to expand its peaceful nuclear activity.

The existing pact, signed in 1974, was scheduled to expire in March last year. But the two sides extended the existing pact to March 2016 to continue negotiations.