Loading your language..
Südkorea beharrt auf 18-Milliarden-Dollar-Atomprojekt inmitten tschechischer Gerichtsüberprüfung

Südkorea beharrt auf 18-Milliarden-Dollar-Atomprojekt inmitten tschechischer Gerichtsüberprüfung

C2en-USde-DE

May 9th, 2025

Südkorea beharrt auf 18-Milliarden-Dollar-Atomprojekt inmitten tschechischer Gerichtsüberprüfung

C2
Please note: This article has been simplified for language learning purposes. Some context and nuance from the original text may have been modified or removed.

de-DE

SEOUL,
Seoul
Südkorea
South Kore...
(AP)
AP (Associ...
Unbeirrt
undeterred
von
of
einer
one
tschechischen
Czech
Gerichtsentscheidung
court deci...
zur
to
Aussetzung
suspension
der
the
18
eighteen
Milliarden
billions
Dollar
dollar
schweren
heavy
Ausschreibung
tendering ...
für
for
den
the
Bau
constructi...
von
of
zwei
two
Kernreaktoren
nuclear re...
in
in
Südkorea
South Kore...
durch
through
Südkorea,
South Kore...
bezeichneten
described/...
südkoreanische
South Kore...
Beamte
officials
die
the
Entscheidung
decision
am
on the
Mittwoch
Wednesday
als
when
vorübergehendes
temporary
Hindernis
obstacle
und
and
äußerten
expressed
unerschütterliche
unwavering...
Gewissheit,
certainty
dass
that
das
the
Abkommen
agreement
letztendlich
ultimately
zustande
about, int...
kommen
to come
werde.
will be / ...
Ein
a, an
südkoreanisches
South Kore...

Sign Up or Log In to Continue Reading

Create an account or log in to unlock unlimited access!

Sign Up with Email

en-US

SEOUL, South Korea (AP) — Undeterred by a Czech judicial ruling to suspend the $18 billion tender for South Korea to construct two nuclear reactors domestically, South Korean officials on Wednesday characterized the decision as a fleeting impediment, articulating unwavering certitude that the accord would ultimately be consummated.

A South Korean consortium, spearheaded by the parastatal Korea Hydro and Nuclear Power, had anticipated the consummation of the accord this week with a CEZ subsidiary, the preeminent electricity purveyor in the Czech Republic; notwithstanding, a Czech tribunal enjoined CEZ from affixing its signature to the covenant pending its deliberation upon a grievance lodged by the French firm EDF, whose tender was superseded by that of the South Koreans.

South Korean Industry Minister Ahn Dukgeun, addressing the press corps in Prague, averred that the judicial determination would merely protract the formal contractual execution, and that all attendant protocols would, assuming the transaction's consummation, proceed in timely fashion; he further posited that the Czech government had evidently not foreseen the court's interlocutory injunction on the accord and that CEZ intends to pursue appellate recourse.

The precise juncture at which the Czech Supreme Administrative Court might render a judgment on that appeal remains shrouded in uncertainty.

Ahn commented that the Czech government, having apparently regarded EDF's assertions as inconsequential, had extended an invitation to the anticipated signing ceremony, suggesting a discernible misalignment between their assessment and the court's judicial determination.

In a statement on Wednesday, Czech Prime Minister Petr Fiala conveyed his administration's deference to the court's ruling, subsequently appending: "I am confident that the judiciary and the court fully apprehend the momentousness of this determination and its ramifications for the security of the Czech Republic and our paramount national interests."

Acting South Korean President Lee Ju-Ho articulated Seoul's intention to engage in close liaison with their Czech counterparts to facilitate a swift finalization of the agreement.

July witnessed CEZ's designation of KHNP, rather than EDF, as the preferred tenderer for the construction of two 1,000-megawatt nuclear reactors at the Dukovany facility. EDF subsequently lodged a judicial complaint last week, subsequent to the Czech Republic's competition regulatory body's disallowance of its appeal concerning the bidding procedures.

Prior to his recent removal last month, precipitated by a controversially ill-conceived imposition of martial law in December, the erstwhile conservative South Korean President, Yoon Suk Yeol, had committed to invigorating the nation's nuclear power export sector. He contended that this domain had languished under the preceding liberal administration, which had actively sought to diminish the country's domestic dependence on nuclear energy. Indeed, the Yoon government had articulated an ambitious objective: the export of a decuple of nuclear power reactors by the close of the present decade.

May 9th, 2025

Trending Articles

US-amerikanische Konsumentenstimmung schnellt in die Höhe: Konjunkturelle Erholung wird trotz anhaltender Zollbedenken nicht getrübt.

US-amerikanische Konsumentenstimmung schnellt in die Höhe: Konjunkturelle Erholung wird trotz anhaltender Zollbedenken nicht getrübt.

**US Consumer Sentiment Surges: Tariff Concerns Fail to Dent Rebound**

C2May 28, 2025
Handelsimpasse zwischen den USA und der EU: Trumps Forderungen und Europas strategische Neuausrichtungen

Handelsimpasse zwischen den USA und der EU: Trumps Forderungen und Europas strategische Neuausrichtungen

US-EU Trade Impasse: Trump's Demands and Europe's Strategic Realignments

C2May 28, 2025
Salesforces 8-Milliarden-Dollar-Akquisition von Informatica: Eine Analyse dieses bahnbrechenden Geschäfts

Salesforces 8-Milliarden-Dollar-Akquisition von Informatica: Eine Analyse dieses bahnbrechenden Geschäfts

Salesforce's $8 Billion Acquisition of Informatica: A Landmark Deal Analysis

C2May 28, 2025
Europäische Unternehmen justieren ihre China-Strategie angesichts der konjunkturellen Verlangsamung neu.

Europäische Unternehmen justieren ihre China-Strategie angesichts der konjunkturellen Verlangsamung neu.

European Firms Recalibrate China Strategy Amidst Economic Deceleration

C2May 28, 2025
Eskalierende Zölle zwingen Walmart zur Ankündigung von Preiserhöhungen für Konsumenten.

Eskalierende Zölle zwingen Walmart zur Ankündigung von Preiserhöhungen für Konsumenten.

Escalating Tariffs Force Walmart to Announce Consumer Price Increases

C2May 23, 2025
Starbucks-Baristas inszenieren Massenprotest: Streit um Kleiderordnung löst landesweite Arbeitskampfmaßnahmen aus.

Starbucks-Baristas inszenieren Massenprotest: Streit um Kleiderordnung löst landesweite Arbeitskampfmaßnahmen aus.

Starbucks Baristas Stage Mass Walkout: Dress Code Dispute Triggers National Labour Action

C2May 23, 2025
Japans wirtschaftliche Schrumpfung: Trumps Handelspolitik untergräbt die Exportleistung und die Marktstimmung.

Japans wirtschaftliche Schrumpfung: Trumps Handelspolitik untergräbt die Exportleistung und die Marktstimmung.

Japan's Economic Contraction: Trump's Trade Policies Undermine Export Performance and Market Sentiment

C2May 23, 2025
Asiatische Aktien zeigen Volatilität, da die Euphorie über die sino-amerikanische Handelsentente verfliegt.

Asiatische Aktien zeigen Volatilität, da die Euphorie über die sino-amerikanische Handelsentente verfliegt.

Asian Equities Exhibit Variability as Sino-US Trade Détente Euphoria Dissipates

C2May 15, 2025
Navigieren durch Marktturbulenzen: Wall Street legt inmitten der wirtschaftlichen Bedenken der Fed und eines Zinsplateaus zu

Navigieren durch Marktturbulenzen: Wall Street legt inmitten der wirtschaftlichen Bedenken der Fed und eines Zinsplateaus zu

Navigating Market Turmoil: Wall Street Gains Amidst Fed's Economic Concerns and Rate Plateau

C2May 9, 2025
Trumps Handelsdiskurs: Ein Labyrinth der Zölle

Trumps Handelsdiskurs: Ein Labyrinth der Zölle

Trump's Trade Discourse: A Labyrinth of Tariffs

C2May 9, 2025

Sign Up or Log In

Create an account or log in to continue reading and join the Lingo Times community!

Sign Up with Email