The Political Benefits of a Nuclear Deal in Turkey
May 6, 2013 | 10:02 GMT
ADEM ALTAN/AFP/Getty Images
Japanese Prime Minister Shinzo Abe and Turkish Prime Minister Recep Tayyip Erdogan announced May 3 during Abe's visit to Ankara that the Turkish government has selected a Japanese-French consortium to build a nuclear power plant on the Black Sea coast. The deal is still in its preliminary stages, and another costly nuclear deal between Turkey and Russia has seen little progress. Still, the announcement itself has the potential to shape perceptions on the revival of the nuclear power industry after Japan's Fukushima reactor disaster, maintain political relationships and drive investor interest in Turkey.