South Korean officials have downplayed a Czech court’s decision to put on hold an $18 billion project for South Korea to build two nuclear reactors in the country.

A Czech court has blocked electricity firm CEZ from signing a contract worth at least $18 billion with South Korea's KHNP to build a new nuclear power plant until the court has handled a complaint from the losing bidder,

The Czech Republic announced a delay of a South Korean nuclear-energy project worth more than $18 billion after a lawsuit by Electricite de France SA temporarily blocked the signing of the construction contract.