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Korea, Turkey Sign MOU on Nuclear Power Plant Deal Updated: 2010-06-15 00:00:00 KST

Korea and Turkey showed off their alliance and strong ties and promised further cooperation.
President Lee Myung-bak sat down with visiting Turkish President Abdullah Gul for a summit in Seoul on Tuesday and the two leaders promised to improve the two countries' ties in the areas of trade, investment, energy and culture.
President Lee highlighted strong bilateral ties and expressed hope that the summit will provide new momentum to their relations.

And the Turkish President who is accompanied by his officials and six Korean War veterans expressed condolences for the 46 South Korean sailors who died in the March sinking of the warship Cheonan and added that he thinks more badly about it because it was a North Korean torpedo.

And one particular area of interest for the two countries' economic ties is the nuclear power plant industry.
Back in March, Korea and Turkey signed a cooperation protocol that was aimed at helping the two countries to smooth the deal in which Korea will build a nuclear energy power plant in the northern Turkish province of Sinop.
And on Tuesday the two countries' officials signed a memorandum of understanding laying out the terms for the scale of the project, necessary steps for preparation and human resource training process.
Last year, Korea won a bid to build four nuclear power plants in the United Arab Emirates worth 40 billion US dollars.

[Reporter : Kang Che-ry] "It was the first time for the two governments to cement their cooperation in nuclear power plant construction. And with no other competing country as of now, hopes are high for Korea to win another nuclear power plant deal.
Kang Che-ry, Arirang News."
KOGL : Korea Open Government License
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