Türkiye Considers South Korean Cooperation for New Nuclear Facility
(MENAFN) Turkish President Recep Tayyip Erdogan has highlighted South Korea's potential role as a strategic partner in developing Türkiye's planned second nuclear power facility in Sinop, along the country's Black Sea coastline.
Speaking ahead of his state visit to Seoul this week, Erdogan said the trip is intended to deepen political consultations and revive economic cooperation between the two countries, according to reports.
"We regard the Republic of Korea as a great potential collaborator on this initiative," Erdogan said, referring to the proposed nuclear power project.
An agreement on nuclear energy cooperation was previously reached between Ankara and Seoul during South Korean President Lee Jae Myung's state visit to Türkiye last year. The memorandum of understanding outlines joint work in several areas, including reactor technology, site evaluations, regulatory approvals, financing arrangements and commercial models.
Erdogan explained that Türkiye has since carried out extensive preliminary feasibility assessments in cooperation with South Korea's state-owned Korea Electric Power Corp. (KEPCO). Discussions and evaluations are continuing to determine whether the project is technically and economically viable.
"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," he said.
Speaking ahead of his state visit to Seoul this week, Erdogan said the trip is intended to deepen political consultations and revive economic cooperation between the two countries, according to reports.
"We regard the Republic of Korea as a great potential collaborator on this initiative," Erdogan said, referring to the proposed nuclear power project.
An agreement on nuclear energy cooperation was previously reached between Ankara and Seoul during South Korean President Lee Jae Myung's state visit to Türkiye last year. The memorandum of understanding outlines joint work in several areas, including reactor technology, site evaluations, regulatory approvals, financing arrangements and commercial models.
Erdogan explained that Türkiye has since carried out extensive preliminary feasibility assessments in cooperation with South Korea's state-owned Korea Electric Power Corp. (KEPCO). Discussions and evaluations are continuing to determine whether the project is technically and economically viable.
"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," he said.
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