India, South Korea sign n-deal

July 25th, 2011 - 1:48 pm ICT by IANS  

Pratibha Patil Seoul, July 25 (IANS) India and South Korea 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, Xinhua 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.

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