Czech President Petr Pavel delivers a congratulatory speech at the South Korea-Czech Republic Business Forum at a hotel in Prague on Sept. 20, 2024. (Yonhap) (END) [We Welcome Your News Tips] We invite our readers to submit news tips,

President Yoon Suk Yeol said his government will closely monitor a landmark 24 trillion won ($17.4 billion) nuclear power plant deal with the Czech Republic through to its final stages, emphasizing its significance as a major achievement in joint economic development.

President Yoon Suk Yeol and Czech President Petr Pavel agreed to strengthen diplomatic, economic and security ties between the two countries, at a time when South Korea is working to finalize the contract with Czech authorities over its 24 trillion won ($18 billion) nuclear export deal.

President Yoon Suk Yeol said Thursday South Korea and the Czech Republic will collaborate on the design and construction of nuclear reactors if the Central European country picks a Korean consortium as the final winner for a nuclear power plant.