The International Atomic Energy Agency (IAEA) in its board of governors meeting issued a "Chairman' s Conclusion" on South Korea's nuclear issue on Friday. Meanwhile, the IAEA's governing body will not refer South Korea to the UN Security Council over its undeclared nuclear material experiments.

The board shared IAEA Director General Mohamed EL Barade's view that given the nature of the nuclear activities described in his report, the failure of South Korea to report these activities in accordance with its safeguards agreements "is of serious concern, "the conclusion said.

"At the same time, the board noted that the quantities of nuclear material involved have not been significant, and that to date there is no indication that the undeclared experiments have continued," it said.

However, the board welcomed the corrective actions taken by South Korea, and the active cooperation it has provided to the IAEA, the UN nuclear watchdog.

(Xinhua News Agency November 27, 2004)