Last year, South Korea made an unexpected landmark achievement in the field of nuclear power reactors by successfully leading a consortium for a $20 billion contract with the United Arab Emirates.
It came as a surprise, not only to South Koreans themselves but to people the world over, that a Korean-led consortium beat out a General Electric-Hitachi team and a French consortium that included Electricite de France and Areva. This was especially so, as the nation had no track record of exporting its nuclear power plants until the dramatic deal was signed.
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