AGL 36.51 Decreased By ▼ -1.49 (-3.92%)
AIRLINK 216.01 Increased By ▲ 2.10 (0.98%)
BOP 9.46 Increased By ▲ 0.04 (0.42%)
CNERGY 6.59 Increased By ▲ 0.30 (4.77%)
DCL 8.50 Decreased By ▼ -0.27 (-3.08%)
DFML 40.90 Decreased By ▼ -1.31 (-3.1%)
DGKC 99.48 Increased By ▲ 5.36 (5.69%)
FCCL 36.48 Increased By ▲ 1.29 (3.67%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.17 Increased By ▲ 0.78 (4.76%)
HUBC 126.25 Decreased By ▼ -0.65 (-0.51%)
HUMNL 13.35 Decreased By ▼ -0.02 (-0.15%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 6.71 Decreased By ▼ -0.23 (-3.31%)
MLCF 44.24 Increased By ▲ 1.26 (2.93%)
NBP 60.50 Increased By ▲ 1.65 (2.8%)
OGDC 222.49 Increased By ▲ 3.07 (1.4%)
PAEL 40.60 Increased By ▲ 1.44 (3.68%)
PIBTL 8.16 Decreased By ▼ -0.02 (-0.24%)
PPL 191.99 Increased By ▲ 0.33 (0.17%)
PRL 38.60 Increased By ▲ 0.68 (1.79%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 103.50 Decreased By ▼ -0.50 (-0.48%)
TELE 8.62 Increased By ▲ 0.23 (2.74%)
TOMCL 34.86 Increased By ▲ 0.11 (0.32%)
TPLP 13.60 Increased By ▲ 0.72 (5.59%)
TREET 24.99 Decreased By ▼ -0.35 (-1.38%)
TRG 71.99 Increased By ▲ 1.54 (2.19%)
UNITY 33.33 Decreased By ▼ -0.06 (-0.18%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)

ANKARA: Russian President Vladimir Putin and Turkey’s Recep Tayyip Erdogan vowed Wednesday to improve cooperation as they launched the construction of a new reactor at Turkey’s first nuclear power plant.

The two leaders each pressed a button on their office desks in Moscow and Ankara in a video link ceremony unveiling the third phase of Akkuyu station’s construction project.

Russia’s Rosatom state nuclear energy firm began building the first of four planned reactors on Turkey’s south coast in 2018.

Erdogan hopes to put the plant online by the time Turkey celebrates its centenary as a post-Ottoman republic in 2023.

Putin said he expected the project to “improve the Russian-Turkish partnership in all its facets, helping strengthen friendship and mutual understanding between our countries’ peoples”.

Erdogan echoed similar thoughts.

“The close dialogue that we established with my esteemed friend (Putin) is playing a key role not only in bilateral relations but also in preserving regional peace and stability,” Erdogan said.

Putin and Erdogan have enjoyed a complex relationship while leading their countries for most of the past 20 years.

They found themselves on opposite sides of the war in Syria but are now working closely together on a peace plan that could bring an end to a decade of strife.

Their ties plunged to a nadir when Turkish forces shot down a Russian warplane near the Syrian border in November 2015.

But they recovered quickly and Putin attended the launch of the Akkuyu plant’s construction in April 2018.

Russian news reports estimate the cost of the entire project at around $20 billion (17 billion euros).

Turkey is heavily reliant on oil and natural gas imports — including from Russia.

Erdogan said he expected the plant to supply 10 percent of Turkey’s electricity needs when completed.

Comments

Comments are closed.