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India, South Korea sign nuclear deal

Last Updated: Monday, July 25, 2011 - 12:24

Seoul: India and South Korea on Monday signed an accord on nuclear cooperation, a statement said.

The agreement was signed after a summit in Seoul between visiting Indian President Pratibha Patil and her South Korean counterpart Lee Myung-bak, a news agency reported, citing the statement from the South Korean President`s office.

During the talks, Lee called for support for South Korea`s efforts to make inroads into India`s atomic power plant market, the statement said.

India is currently building six nuclear power plants and plans to construct around 40 more by 2032, while South Korea seeks to become a major exporter of its home-built nuclear power plants.

The state-run Korea Electric Power Corp. (KEPCO) signed a memorandum of understanding in 2009 with the Nuclear Power Corporation of India Limited.


First Published: Monday, July 25, 2011 - 12:24
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