Lee Set for Summit with Turkey's Erdogan to Discuss Deepening Cooperation
The leaders signed new memorandums on nuclear financing and defense production as they target $15 billion in bilateral trade, officials said.
- On Tuesday, South Korean President Lee Jae Myung and Turkish President Recep Tayyip Erdogan held a summit in Seoul to deepen bilateral cooperation. The meeting precedes the 70th anniversary of diplomatic ties next year.
- Erdogan arrived in South Korea on Monday for a three-day state visit, his first trip since 2018. This engagement follows their July meeting at a NATO summit in Ankara, laying groundwork for current discussions.
- The two sides signed a memorandum of understanding on financing to support Korean firms' participation in Turkey's Sinop nuclear project. Leaders also agreed to raise bilateral trade volume to $15 billion from $10.7 billion last year.
- Agreements included increasing joint defense production on Altay tanks and Firtina howitzers. Turkey reaffirmed support for South Korea's policy toward North Korea, confirming shared commitment to peace on the Korean Peninsula.
- The two nations will pursue joint entry into third-country markets while expanding cooperation into biotechnology, critical minerals, and infrastructure development. Both leaders aim to deliver tangible results as they deepen their strategic partnership.
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SOUTH Korea wants to build a new nuclear power plant in Turkey, which is part of a broader agreement to strengthen economic, energy and military cooperation.
South Korea and Turkey have agreed to strengthen cooperation in strategic areas, including energy, artificial intelligence and biotechnology. The article Defense and Nuclear Power plants: Seoul and Ankara renew the understanding comes from The Truth.
South Korea and Turkey sign financing pact for nuclear power projects
Turkey and South Korea are expanding nuclear, defence and trade ties. Their latest agreement explores funding for nuclear projects, while Ankara weighs potential partners for its planned Sinop plant.
Bilateral trade between South Korea and Turkey reached a record $10.7 billion last year. The post South Korea and Turkey strengthen their partnership in nuclear energy and defense appeared first on in.gr.
South Korea, Türkiye agree to deepen nuclear energy, defence ties
Both countries had agreed to "deepen defence cooperation by expanding joint production and technological cooperation".
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