Seoul, Washington 'virtually' wrap up nuclear accord

SEOUL: South Korea and the United States have "effectively" concluded their nuclear cooperation accord that would allow Seoul to reprocess spent nuclear fuel for the purpose of research and development (R&D), albeit in a limited way, government sources said Sunday.

Seoul and Washington have been negotiating for more than four years to revise the 1974 accord over Seoul's civilian nuclear energy use, also known as the "123 agreement."