Business · Energy & Commodities · 1 hr ago
South Korea and Slovakia agree to deepen nuclear energy financing cooperation
South Korea’s trade insurance agency and Slovakia’s Eximbank signed a cooperation agreement in Seoul on Nov.
13.
It covers nuclear power plants, electricity and utility projects, and support for related supply chains.
The two agencies plan to share information on new nuclear projects and develop joint financing structures.
Slovakia relies on nuclear power for more than half of its electricity and is pursuing a new large reactor.
The agreement aims to build cooperation in nuclear and energy infrastructure as countries focus on energy security and lower emissions.
It could help South Korean companies take part in Europe’s energy supply chain; the agencies plan to continue practical cooperation.
The Korea Trade Insurance Corp. and Slovakia’s Eximbank agreed to strengthen cooperation on financing nuclear power and other energy projects.
They signed a memorandum of understanding on Nov. 13 at the Korean agency’s headquarters in Seoul.
The agreement covers nuclear power plants, electricity and utility projects, and related supply chains.
The agencies plan to share information on prospective nuclear projects and work on joint financing structures.
Nuclear power accounts for more than half of Slovakia’s electricity production, and the country is pursuing construction of a new large-scale plant.
- Who
- The Korea Trade Insurance Corp. and Slovakia’s Eximbank.
- What
- They signed an agreement to strengthen financing cooperation on nuclear power, energy infrastructure and related supply chains.
- When
- Nov. 13; the agreement was announced on Nov. 15, 2026.
- Where
- At the Korea Trade Insurance Corp.’s headquarters in Seoul, South Korea.
- Why
- To build cooperation on nuclear and energy infrastructure and strengthen related industries’ supply chains amid energy security and decarbonization efforts.
This story does not have two clearly opposing sides.
The Korea Trade Insurance Corp. and Slovakia’s Eximbank signed a memorandum of understanding at the Korean agency’s headquarters in Seoul.
The Korea Trade Insurance Corp. announced the agreement.
- Signing date
- Nov. 13
- Signing location
- Korea Trade Insurance Corp. headquarters, Seoul
- Slovak institution
- Slovakia’s Eximbank, the country’s sole official export credit agency
- Nuclear share
- More than half of Slovakia’s electricity production
- Planned cooperation
- Information sharing on new nuclear projects and development of joint financing structures
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What people are saying
Slovakia is a key nuclear power country in Eastern Europe, and a market with high potential for our companies to enter.
We will continue to provide financial support so that our companies with excellent technology can participate in Europe’s energy supply chain.