World · East Asia & Pacific · 1 hr ago

Erdogan says South Korea could partner in Turkey's Sinop nuclear project

Erdogan says South Korea could partner in Turkey's Sinop nuclear project

Erdogan says South Korea could partner in Turkey's planned Sinop nuclear plant on the Black Sea coast.

Turkey has been studying the project's technical and economic conditions with state-run Korea Electric Power Corp.

No partner has been chosen, and Turkey is also considering other options.

The decision will weigh financing, electricity costs and the project's benefits to Turkey's economy.

The two countries signed a nuclear energy cooperation agreement last year, covering areas such as reactor technology, licensing and financing.

Erdogan is visiting Seoul and is due to meet South Korean President Lee Jae Myung at a summit on Tuesday.

He also wants wider cooperation in technology, defense and logistics, and says the countries are working toward a $15 billion trade target while addressing an imbalance in South Korea's favor.

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What people are saying

Recep Tayyip ErdoganTurkish president
We regard the Republic of Korea as a great potential collaborator on this initiative,
via Yonhap
We are taking into account our contacts with other countries and examining all possible choices in light of our national interests,
via Yonhap
We attach considerable importance to the negotiations we are holding with Korea on this topic. We are well aware of our Korean friends' experience with nuclear energy,
via Yonhap
The current crisis has once again demonstrated just how vital it is to develop reliable alternative routes for international trade,
via Yonhap