The Netherlands and South Korea are stepping up cooperation in the field of semiconductor chips as part of a deepening “strategic partnership,” caretaker Prime Minister Mark Rutte said Wednesday.

As part of the visit, South Korean nuclear power company KHNP signed a contract to carry out a feasibility study into the construction of two new nuclear power plants in the southern Dutch town of Borselle. U.S. company Westinghouse and France’s EDF will soon sign similar contracts, the Dutch government announced.

The Netherlands and South Korea also agreed to increase cooperation in digital technologies including artificial intelligence, mobile communications and quantum research, Economic Affairs and Climate Minister Micky Adriaansens said in a statement.