South Korean President Lee Jae Myung and Turkish President Recep Tayyip Erdogan agreed to expand cooperation in nuclear energy, defense and industrial development on Tuesday, signing four agreements aimed at strengthening economic ties. The Export-Import Bank of Korea and Turkiye Nuclear Energy Company signed a financing cooperation agreement to assess potential financial support for Korean companies seeking to participate in Turkish nuclear projects, including the planned Sinop power plant. The agreement did not include a financing commitment or construction contract.

The two leaders confirmed progress on Sinop site assessments and a joint working group established following their Nov. 2025 summit