By. Joao Peixe<\/p>\n
Turkey\u2019s Economy Minister Zafer Caglayan told reporters during a meeting with South Korean Knowledge Economy Minister Choi Joong-Kyung in Seoul, “My ministry and the Turkish government are open to every proposal by South Korean companies over the issue of nuclear power plants.”<\/p>\n
Turkey is expected to attract new investment from South Korea totaling $2.5 billion following the anticipated signing of a free trade agreement between the countries soon, Turkey\u2019s Anadolu Ajansi reported.<\/p>\n
Caglayan told journalists, \u201cMore investments will come to Turkey under the FTA. We have solved many problems during the visit. We have removed the obstructions in front of the FTA to a great extend. Hyundai earlier said it could not invest in Turkey as there was not a FTA. A Free Trade Agreement will enable many South Korean companies to invest in Turkey.”<\/p>\n
Turkey intends to build two nuclear plants, one in Akkuyu on the Mediterranean coast, to be constructed by Russia’s state-owned atomic power company ROSATOM with an estimated cost around $20 billion. The Akkuyu facility\u2019s construction will start in two years, with its first reactor planned to come online and begin generating electricity in 2018. Turkey\u2019s second nuclear plant is planned to be built in the Black Sea province of Sinop. Turkey had been negotiating with Japan’s Tokyo Electric Power company, the owner and operator of Japan\u2019s stricken Fukushima facility, which last week informed Turkey that it had withdrawn from the project, opening the way for potential South Korean involvement.<\/p>\n
Source: https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/Turkey-Amenable-To-South-Koreas-Nuclear-Energy-Proposals.html<\/p>\n
By. Joao Peixe, Deputy Editor OilPrice.com<\/p>\n
via Turkey Amenable to South Korea’s Nuclear Energy Proposals.<\/p>\n","protected":false},"excerpt":{"rendered":"
By. Joao Peixe Turkey\u2019s Economy Minister Zafer Caglayan told reporters during a meeting with South Korean Knowledge Economy Minister Choi Joong-Kyung in Seoul, “My ministry and the Turkish government are open to every proposal by South Korean companies over the issue of nuclear power plants.” Turkey is expected to attract new investment from South Korea […]<\/p>\n","protected":false},"author":83,"featured_media":782149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[306],"tags":[4209,3348],"class_list":["post-38943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-korea","tag-nuclear-power-plant","tag-zafer-caglayan"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/38943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=38943"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/38943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/782149"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=38943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=38943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=38943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}