Tuesday, July 26, 2011

South Korea and India sign nuclear deal

India's rapid economic expansion has seen a surge in demand for energy


South Korea's ambitions to enter the Indian energy market have received a big boost as the two countries signed a civil nuclear deal.
The agreement will allow South Korea to export its nuclear energy technology to India.
The deal comes at a time when India has been struggling to keep up its energy supply to meet the increased demand in wake of its rapid expansion.
South Korea is the ninth country to sign a nuclear deal with India.
"We look forward to Republic of Korea becoming one more partner in the development of civil nuclear energy in India," said Sanjay Singh, Secretary (East), Ministry of External Affairs, India.

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