French company’s legal challenge stalls KHNP’s $18B deal, raising questions over Seoul’s legal readiness in Europe
A Czech court’s decision to block the final signing of an approximately $18 billion nuclear contract between Korea Hydro and Nuclear Power (KHNP) and Czech utility CEZ has exposed the limits of South Korea’s industrial diplomacy, revealing how its most politically celebrated energy export was undermined by legal inertia, strategic miscalculation and failure to anticipate French lawfare.
A HUMILIATION IN PRAGUE
A Czech court’s decision to block the final signing of an approximately $18 billion nuclear contract between Korea Hydro and Nuclear Power (KHNP) and Czech utility CEZ has exposed the limits of South Korea’s industrial diplomacy, revealing how its most politically celebrated energy export was undermined by legal inertia, strategic miscalculation and failure to anticipate French lawfare.
A HUMILIATION IN PRAGUE
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