Turkey and South Korea sign nuclear financing pact amid environmental concerns
Turkey Nuclear Energy Inc. signed a preliminary financing agreement with South Korea's Export-Import Bank for a planned nuclear plant in Sinop amid ongoing environmental criticisms.
Turkey Nuclear Energy Inc. (TÜNAŞ) has signed a preliminary agreement with the Export-Import Bank of Korea to explore financing options for a proposed nuclear power plant in Sinop. The deal was formalized on November 3 during President Recep Tayyip Erdoğan's official visit to South Korea.
The agreement marks a new step in bilateral negotiations for Turkey's second planned nuclear power facility, located at İnceburun. However, the initiative proceeds amid persistent criticism regarding unaddressed environmental and technical issues. Opponents point to significant forest loss in the project area, unresolved plans for managing radioactive waste, and questions surrounding the legal framework of the facility's Environmental Impact Assessment. Official responses to these environmental objections remain pending as talks progress.
Sources: Cumhuriyet