South Korea signs $2.25 billion deal with Russian nuclear company

South Korea has signed a 3 trillion won ($2.25 billion) deal with a Russian state-run nuclear energy company to provide components for Egypt's first nuclear power plant. South Korea's government said Thursday the contract between the state-run Korea Hydro and Nuclear Power and ASE requires the South Koreans to provide turbine-related equipment and construction work for the plant that is being built in Dabaa, about 130 kilometers (80 miles) northwest of Cairo on the Mediterranean coast.

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