Go to Contents Go to Navigation

(LEAD) Lee, Czech PM agree to expand economic cooperation following nuclear plant deal

All News 18:14 June 11, 2025

(ATTN: UPDATES with more details in last 3 paras)
By Kim Eun-jung

SEOUL, June 11 (Yonhap) -- President Lee Jae-myung said South Korea's recent nuclear plant export deal with the Czech Republic has laid the ground for expanding bilateral economic cooperation during his phone call with Czech Prime Minister Petr Fiala on Wednesday.

In their first official conversation, Lee and Fiala welcomed the signing of the final contract for the nuclear power plant construction project and expressed hope that the project would serve as a cornerstone for deeper economic ties, according to presidential spokesperson Kang Yu-jung.

"The leaders committed to working closely to broaden this collaboration beyond nuclear energy to include high-tech industries, infrastructure and energy, aiming for comprehensive cooperation across a wide range of sectors," Kang told reporters.

On June 4, the state-run Korea Hydro & Nuclear Power Co. signed the final contract to build a nuclear power plant in the Czech Republic, following the lifting of a court injunction that had blocked the deal.

The deal, estimated at 26 trillion won (US$18.6 billion), marks South Korea's first overseas nuclear power plant contract since 2009, when the country secured a deal to build the Barakah nuclear power plant in the United Arab Emirates.

President Lee Jae-myung (Yonhap)

President Lee Jae-myung (Yonhap)

During the 20-minute call, Lee asked for the Czech government's support for approximately 100 Korean companies operating in the European nation and invited Fiala to visit South Korea, while the prime minister responded by expressing gratitude, Lee's office said.

It marks Lee's fourth phone call with a foreign leader since taking office last week, following his conversations with leaders of the United States, Japan and China.

This year marks the 35th anniversary of diplomatic relations between South Korea and the Czech Republic, and the 10th anniversary of the establishment of their strategic partnership.

ejkim@yna.co.kr
(END)

Keywords
HOME TOP
Send Feedback
How can we improve?
Thanks for your feedback!