EghtesadOnline: Iranian assets locked in South Korea will be released after consultations with the United States, the foreign ministry in Seoul said Tuesday, after Iran said it had reached a deal with Seoul on how to transfer and use the frozen money.
EghtesadOnline: South Korea is seeking to sell medicine and medical equipment in lieu of its arrears to Iran blocked in the south eastern country’s banks, head of Iran-South Korea Joint Chamber of Commerce said.
EghtesadOnline: Ambassador of the Republic of Korea to Tehran Ryu Jeong-hyun has explained the mechanisms established by Seoul for conducting humanitarian trade with Iran amid the United States’ sanctions.
EghtesadOnline: Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its US ally and illegally withholding funds needed to counter the Middle East’s worst coronavirus outbreak.
EghtesadOnline: The Seoul Metropolitan Government, widely acclaimed as a success story in implementing e-governance and now a leading force behind promoting the concept of smart city, is eager to join hands with other global players to embrace the technologies of the Fourth Industrial Revolution for the betterment of the global community.
EghtesadOnline: South Korea's finance minister has called for positive US consideration in resolving difficulties facing smaller South Korean companies due to US sanctions on Iran, the finance ministry said on Monday.
EghtedafOnline: South Korea is seeking a sanctions waiver from the US to continue importing Iranian condensate, saying that it is hard to find alternative sources due to limited suppliers, a government official said on Friday.
EghtesadOnline: A report on vehicle import in the first four months of the current Iranian year (started March 20) has been released by Market Monitoring Unit of Car Iran, a local auto e-magazine.
EghtesadOnline: South Korea and Iran agreed to expand their direct flights between Seoul and Tehran to 11 times a week to help bolster bilateral economic cooperation following the lifting of international sanctions against the Middle East country.