Türkiye and South Korea signed agreements in the field of energy and mining

According to the statement made by the Ministry of Energy and Natural Resources, the agreements aim to transfer Türkiye's engineering, technology and industrial know-how to joint projects.

President Recep Tayyip Erdoğan met with South Korean President Lee Jae Myung as part of his visit to South Korea.

Alparslan Bayraktar, Minister of Energy and Natural Resources, who accompanied President Erdoğan during his visit, attended the meeting between the delegations chaired by the two leaders.

Following the talks, three agreements were signed between the two countries in the fields of energy and mining.

In this context, Minister Bayraktar and Korean Minister of Climate, Energy and Environment Sungwhan Kim signed the "Memorandum of Understanding on Strengthening Cooperation in the Field of Energy".

With the memorandum of understanding, the two countries will cooperate in the fields of clean energy policies and reduction of carbon emissions, nuclear energy and nuclear power plant construction projects, renewable energy, hydrogen, energy efficiency applications, smart grids and new energy technologies.

"Türkiye-Korea Energy Conversion Forum" will be established in order to follow the implementation of the memorandum of understanding in the field and to create a sustainable basis for dialogue.

The forum, which will convene alternately once a year in Turkey and South Korea, will serve as a high-level executive mechanism where nuclear power plant investments, technology integration, financing models and joint venture opportunities will be discussed.

Source: TRT Haber Açık RSS (Gündem) (Open Press / Translated Full Text)