Turkish President Tayyip Erdogan indicated that South Korea may join Turkey in developing the planned Sinop nuclear power station on the Black Sea, according to remarks made to Yonhap News Agency and reported on Monday.
Ankara has been evaluating the technical and financial terms of the Black Sea initiative with Korea Electric Power Corporation, the state-run utility, Erdogan noted.
Before selecting a partner, Ankara will assess financing structures, electricity pricing, and the broader economic benefits for Turkey, he added.
Erdogan is scheduled to arrive in Seoul on Monday for a three-day state visit, marking his first trip to South Korea since 2018.
He is set to hold a summit with South Korean President Lee Jae-myung on Tuesday, according to Seoul’s presidential office.
During the Yonhap interview, Erdogan cited defense, semiconductors, artificial intelligence, and robotics as key sectors for cooperation, while urging greater South Korean investment and joint manufacturing ventures in Turkey.
The two nations are working toward a bilateral trade target of $15 billion, Erdogan said, while calling for measures to correct a trade imbalance that currently favors South Korea.
He also extended an invitation to South Korean firms to take part in Turkish transport and logistics projects designed to connect Asia and Europe.
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