Erdogan does not stop: The country that may help Turkey realize the nuclear dream

Turkey and South Korea signed a memorandum of understanding in the field of nuclear energy financing, during Erdogan's visit to Seoul. The prominent agreement is between TUNAS and KEXIM. The talks, which began in 2010, gained momentum after an additional memorandum of understanding in 2025. The decision on the Sinop power plant depends on technical and economic assessments.

Turkey and South Korea signed a memorandum of understanding in the field of nuclear energy financing, during President Recep Tayyip Erdogan's visit to Seoul. The most prominent agreement is between the Turkish nuclear energy company TUNAS and the Korean Export-Import Bank KEXIM. Researcher Selçuk Çolakoğlu notes that nuclear talks between the countries began as early as 2010, and that the current memorandum is a concrete step deepening the economic relationship. The talks gained momentum during President Lee's visit to Turkey in November 2025, when a memorandum of understanding was signed between TUNAS and the Korean electric power company KEPCO. Erdogan hinted that decisions regarding the Sinop power plant would depend on technical and economic assessments, including electricity production costs. A successful nuclear partnership could open doors to broader industrial and technological cooperation.