Lee Set for Summit with Turkey's Erdogan to Discuss Deepening Cooperation
The leaders also signed financing and science agreements to back Korean firms, expand joint defense production and advance Turkey’s Sinop nuclear project.
- 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 and Turkey signed an agreement on Tuesday to explore financing opportunities for Turkish energy projects, as Seoul aims to participate in the construction of Turkey's second nuclear power plant, planned in Sinop, on the Black Sea coast. The memorandum of understanding was signed by the Export-Import Bank of South Korea and Turkish company Turkey Nuclear Energy Inc., following talks between South Korean President Lee Jae-Myung and Tur…
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.
Turkey’s Recep Tayyip Erdogan Arrives in South Korea Seeking Nuclear Collaboration
Turkish strongman Recep Tayyip Erdogan arrived in Seoul, South Korea, on Monday, anticipating meetings with leftist President Lee Jae-myung focused on broadening trade relations with the East Asian country.
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