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South Korea Confident Despite Czech Court's Pause on $18 Billion Nuclear Deal

South Korea maintains optimism regarding the halted Czech nuclear reactor project, viewing the court's decision as a temporary setback.


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South Korean officials downplayed a Czech court's hold on an $18 billion nuclear deal, viewing it as a temporary setback. The court's decision prevents CEZ from signing while it reviews EDF's complaint over losing a bid. Officials expressed confidence that the deal will proceed, emphasizing continued communication with the Czech government. The project, led by Korea Hydro and Nuclear Power, is aimed at constructing two nuclear reactors in the Czech Republic.

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