South Korea still hasn't given up hopes of winning a contract to build four nuclear reactors in Turkey, despite Ankara having turned instead to Japan as a possible supplier.
South Korea
still
hasn't given up hopes of winning a contract to build four nuclear reactors in
Turkey
,
despite
Ankara
having turned instead to
Japan
as a
possible supplier.
Seoul
may now restart talks with
Turkey
to
build the reactors on its
Black Sea
coast, as discussions between
Turkey
and
Japan
on
the contract have been put on hold following the Japanese earthquake in March,
Korea
's
Yonhap news agency said Thursday.
In late 2010, Korean negotiators walked away from a deal with
Turkey
,
saying that proposed terms on electricity prices wouldn't allow the companies
involved to obtain a sufficient return on their investment in the reactor
project.
The agency Thursday cited Knowledge Economy Minister Choi Joong-kyung as saying
that following news that
Japan
's
talks in
Turkey
had
been shelved until end-2011 because of the Japanese nuclear disaster,
Seoul
had
adopted a wait-and-see stance.
If no headway is made in future Tokyo-Ankara discussions,
South
Korea
may restart talks with
Turkey
,
Yonhap said.
In December 2009, a South Korea-led consortium inked a $20 billion agreement to
build four reactors in the
United
Arab Emirates
, its first overseas reactor
contract, in a deal which was a major setback for both French and Japanese
contractors who had hoped to get the project.
Japan
and
South
Korea
have since been jockeying to
win a string of nuclear projects planned across the
Middle
East
and
Asia
. However, the Fukishima
nuclear reactor disaster has raised doubts in some counties, including
Thailand
and
Malaysia
,
about proceeding quickly into development.
Others seem more keen to push ahead. On Wednesday, Vietnamese Prime Minister
Nguyen Tan Dung called for more talks with
Japan
to
firm up initial agreements with a Japanese consortium on building reactors in
Vietnam
.
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