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Latest news about South Korea-Iran relations – The latest news and views about bilateral relations between Iran and South Korea

Iran Filing Lawsuit against Korean Banks for Seizing Its Assets

Iran Filing Lawsuit against Korean Banks for Seizing Its Assets

Iran’s Ministry of Foreign Affairs says the country is filing lawsuits against “delinquent” South Korean banks which have seized Iran’s money.
Iran May Reconsider Ties with S Korea over Frozen Assets: MP

Iran May Reconsider Ties with S Korea over Frozen Assets: MP

An Iranian lawmaker says Seoul’s move to block Tehran's assets would not go unanswered, and Tehran may reconsider its trade relations with South Korea.
Iran after Release of Currency Assets Abroad: President

Iran after Release of Currency Assets Abroad: President

President of Iran Hassan Rouhani says diplomatic and economic officials have launched a push to free the country’s foreign currency assets in the other countries in order to reduce susceptibility to any currency market volatility.
Official Presses S. Korea to Free Iran’s Assets

Official Presses S. Korea to Free Iran’s Assets

Iranian President's Chief of Staff Mahmoud Vaezi has called on South Korea to unfreeze Iran’s financial resources and avoid sacrificing its interests in Iran for the US demands.
Seoul’s Excuse to Freeze Iran’s Oil Revenues ‘Unacceptable’

Seoul’s Excuse to Freeze Iran’s Oil Revenues ‘Unacceptable’

The spokesperson for the Iranian administration has called on South Korea to unblock the petrodollars it owes to Iran, currently frozen in the Korean banks.
Halt to Tehran-Seoul Trade Ties ‘Temporary', Analyst Says

Halt to Tehran-Seoul Trade Ties ‘Temporary’, Analyst Says

A senior economic analyst believes the current disruption to bilateral trade between Iran and South Korea is temporary, and there is reason to be optimistic about future economic ties. 
Tehran Blasts Seoul for Misnaming, Militarizing Persian Gulf

Tehran Blasts Seoul for Misnaming, Militarizing Persian Gulf

Tehran has censured South Korea for misnaming the Persian Gulf and sending a military mission to the waters south of Iran under pressure from the United States.
Iran Exporting Nanofibre Masks to S Korea, Turkey, Thailand

Iran Exporting Nanofibre Masks to S Korea, Turkey, Thailand

An Iranian knowledge-based company has begun exporting nanofibre masks to three foreign countries.

LG, Samsung Deny Leaving Iran over US Sanctions: Report

South Korea’s Samsung Electronics has denied reports that it was withdrawing from the Iranian market in the face of US sanctions, London-based bne IntelliNews says.

‘Some Korean SMEs Go Bankrupt after US Sanctions against Iran’

The Chairman of Iran-South Korea Joint Chamber of Commerce says following the cutback in economic relations between Tehran and Seoul due to US sanctions, many small or medium-sized companies (SMEs) that had ties with Iran have gone almost bankrupt.