South Korea and Türkiye Sign Financing Agreement to Advance Nuclear Power Cooperation
Recently, during a bilateral meeting held in Seoul between South Korean President Lee Jae-myung and Turkish President Recep Tayyip Erdogan, the Export-Import Bank of Korea (Eximbank) and Türkiye's nuclear energy company formally signed a memorandum of cooperation on financing for energy projects. It is reported that the agreement aims to provide solid financial guarantees for South Korean companies intending to participate in the construction of Türkiye's second nuclear power plant at Sinop on the Black Sea coast. Türkiye's Ministry of Energy stated that the two sides will establish a joint working group to discuss specific financing arrangements and information exchange. Prior to this, South Korea's state-owned Korea Electric Power Corporation (KEPCO) had...
2026-11-04
