Nuclear energy has been dominated by the developed world in North America and Europe but is now shifting focus to Asia, Southeast Asia and the Middle East. The development of fuel cycle capabilities ? uranium enrichment and spent fuel reprocessing ? may also spread geographically. Few institutional arrangements (e.g., fuel banks) have been successful in dampening demand for sensitive technologies. Who will take a leadership role in limiting the spread of sensitive technologies and how? This panel explores, in particular, trends in nuclear energy policies of China and South Korea, what they might mean for nuclear exports, and how to promote better governance in nuclear safety, security and nonproliferation.