South Korea and Saudi Arabia have reached a landmark bilateral agreement on cooperation in the nuclear power industry.
The agreement was reached on Tuesday when President Park Geun-Hye on her trip to Saudi Arabia met with the Middle East kingdom's new King Salman bin Abdulaziz al-Saud.
The two countries signed a relevant memorandum of understanding which could help South Korean companies win a 2 billion-dollar project to build two mid-size commercial nuclear reactors in Saudi Arabia if the country decides to build them after a preliminary review.
The reactor, with a power output capacity of 100 megawatts, is known to be smaller and easier to operate than conventional reactors. Riyadh plans to build up to 18 reactors by 2040.
[저작권자(c) YTN 무단전재, 재배포 및 AI 데이터 활용 금지]