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: India has suspended all visas granted to foreign nationals of Italy, Iran, South Korea and Japan in the wake of three people, including a tourist, testing positive for COVID-19.
EghtesadOnline: Samsung Electronics’ board chairman, Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
EghtesadOnline: South Korea is in talks with the United States over Iran's call for Seoul to resume exports of humanitarian goods to Tehran, after tougher US sanctions virtually halted such trade.
EghtesadOnline: Iranian Football Federation has been nominated for the best inspiring federation of the world in a competition with Japan and South Korea.
EghtesaadOnline: Exports of pharmaceutical and their raw materials from South Korea to Iran have come to a halt, according to Gholamhossein Mehralian, an official with Iran Food and Drug Administration.
EghtesadOnline: In an apparent tit-for-tat move, South Korea said Monday it will remove Japan from its "whitelist" of trusted trade partners, an act that risks further exacerbating tensions between the two US allies.
EghtesadOnline: A senior South Korean diplomat, who has been engaged in talks with the United States over Iran sanctions, said Seoul is hopeful that humanitarian trade with Tehran will come back on track in the near future.
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.
EghtesadOnline: Heads of the central banks of South Korea and Iran met in Seoul to discuss banking hurdles between the two sides and find workable solutions.