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Iran South Korea

  • EghtesadOnline: Iran exported more than $3.03 billion worth of goods to South Korea during the nine months to Dec. 21, 2017, registering a 36% and 30% growth respectively compared with the corresponding period of last year, an official with the Trade Promotion Organization of Iran announced.

  • EghtesadOnline: Iran is scheduled to send a new condensate cargo to South Korea this week, signaling a return of oil exports to the East Asian country following the tragic sinking of its previous South Korea-bound shipment.

  • EghtesadOnline: Members of Iran Auto Part Makers Association met with South Korean parts makers over the weekend in Tehran and discussed prospects for expanding ties.

  • EghtesadOnline: Iranian and South Korean private companies signed 22 memorandums of understanding late on Sunday at Tehran’s Milad Tower for the South Korean side to transfer technology to Iran in the fields of thermal insulation, solar panels, alternative energy, lithium batteries and electric engines.

  • EghtesadOnline: South Korea’s JJ Consulting Ltd will invest $500 million in the northern port of Noshahr as per a memorandum of understanding signed between the Asian company and the Ports and Maritime Organization of Mazandaran Province, the news portal of the Ministry of Roads and Urban Development reported on Wednesday.

  • EghtesadOnline: South Korean rolling stock manufacturer Hyundai Rotem signed a contract worth €720 million with the Islamic Republic of Iran Railways on Saturday to produce 450 suburban railbus wagons in Iran.

  • EghtesadOnline: The South Korean ambassador to Iran said Seoul is shifting focus from trade to investment in Iran.

  • EghtesadOnline: Iran and South Korea have signed a memorandum of understanding to improve cooperation among the government, private sector and investors of the two countries in the fields of transportation, housing and urban development.

  • EghtesadOnline: South Korean Minister of Land, Infrastructure and Transport Kim Hyun-mee said on Tuesday that her government will support Korean firms for investing in Iran.

  • EghtesadOnline: South Korea’s imports of Iranian crude oil hit the highest level in six months in September amid Iran’s push to regain its lost market share during years it was under sanctions over its nuclear program.