Turkish President Recep Tayyip Erdogan called South Korea an important potential partner in his country’s plans to develop a nuclear power plant in Sinop, a port city on the northernmost tip of Turkey’s Black Sea coast.
Seoul and Ankara signed a memorandum of understanding last year during President Lee Jae-myung’s state visit to Turkey. The agreement covers cooperation in reactor technology, site assessment, licensing, financing and business models, the Yonhap News Agency reported Monday.
Turkey has conducted extensive feasibility studies to evaluate the project’s technical and economic conditions, Mr. Erdogan told Yonhap.
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“We attach considerable importance to the negotiations we are holding with Korea on this topic,” the Turkish leader said. “We are well aware of our Korean friends’ experience with nuclear energy.”
Mr. Erdogan told Yonhap that he was optimistic about expanding bilateral cooperation with South Korea in several fields, including defense, semiconductors, robotics, artificial intelligence and other advanced technologies.
“Our goal is to transform these projects into tangible initiatives, facilitate business opportunities for our companies and enhance reciprocal investments,” he said.
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