Seoul, Nov 2 (Reuters) – South Korea could become a partner in the Sinop nuclear power plant project that Turkey plans to build, Turkish President Recep Tayyip Erdoğan said in an interview, Yonhap News Agency reported on Monday.
Erdogan stated that Turkey has been working with the Korea Electric Power Corporation (KEPCO) to examine the technical and economic terms of a project in the Black Sea region.
He added that, before selecting a partner, Ankara would weigh factors such as financing, the cost of electricity, and the overall benefits to the Turkish economy.
Erdogan is set to arrive in Seoul on Monday for a three-day state visit—his first trip to South Korea since 2018.
According to the South Korean presidential office, he will hold a summit with President Lee Jae-myung on Tuesday.
In an interview with Yonhap News Agency, Erdogan identified defense, semiconductors, artificial intelligence, and robotics as potential areas for cooperation, while urging South Korea to increase its investment in Turkey and engage in joint production.
He noted that both nations are working toward a bilateral trade target of $15 billion, while also calling for efforts to address a trade imbalance that currently favors South Korea.
He further invited South Korean companies to participate in Turkish transport and logistics projects that connect Asia and Europe.