Iran-South Korea Relations

Iran's Deputy Foreign Minister Ali Baqeri Kani has called on Seoul to quickly and effectively unfreeze Iranian funds and resources in South Korea.

Iranian Foreign Minister Hossein Amirabdollahian has held negotiations with his South Korean counterpart Chung Eui-yong over the latest developments regarding Iran’s access to its financial resources in South Korea in a telephone conversation.

Iran’s Deputy Foreign Minister for Political Affairs Abbas Araqchi has held talks with South Korean Deputy Foreign Minister Choi Jong-kun who was in Tehran as part of a delegation headed by the country’s prime minister.

Iran's Foreign Ministry spokesman Saeed Khatibzadeh says the Serbian Foreign Minister will visit Tehran on Saturday, April 17, 2021.

Iran’s first vice president says South Korea must take action to unfreeze Iran’s foreign exchange assets as soon as possible, noting that freezing Iran’s money has badly tarnished the image of South Korean banks among Iranians.

South Korean Prime Minister Chung Sye-kyun arrived in Tehran on Sunday, April 11, 2021, for a two-day visit.

Iran's Foreign Ministry Spokesman Saeed Khatibzadeh says South Korean Prime Minister Chung Sye-kyun will arrive in Tehran on Sunday, April 11, 2021, for a two-day visit.

The governor of the Central Bank of Iran (CBI) has criticized South Korea for being swayed by the United States when it comes to releasing Iran’s assets in the Asian country.

Iran’s Foreign Minister Mohammad Javad Zarif has called on Seoul to provide Iran with access to its assets frozen in South Korean banks, especially now that the Iranian nation seriously needs its money.

Foreign Ministry Spokesman Saeed Khatibzadeh says Tehran has, in a humanitarian move, allowed the crew members of the South Korean ship seized by Iran due to environmental concerns, to leave the country.

In comments on Wednesday, Mohammad Javad Zarif once again criticized Seoul for seizing Iran’s assets "upon US orders". “’ We told South Korean officials that...

Governor of the Central Bank of Iran Abdolnasser Hemmati says the South Korean banks that have blocked Iran’s funds should pay the damage suffered by Tehran during the past two years.

The Iranian foreign ministry spokesman says legal proceedings are underway into the case of a South Korean ship seized by Iran for environmental concerns.

Iran's Deputy Justice Minister has urged Seoul to work toward settling the existing issues between the two sides to kick of a new round of mutual cooperation.

Tehran has been angered by Seoul’s offer to sell ambulances to Iran in exchange for billions of Iranian assets frozen in South Korea.

Iranian Central Bank Governor Abdolnasser Hemmati has urged Seoul to adopt “independent” behaviour toward Iran’s financial resources in that country.

First Vice Minister of Foreign Affairs of South Korea Choi Jong Kun and Iranian Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi have discussed the IRGC's seizure of a Korean chemical tanker and Seoul's freezing of Iran's assets in a meeting in Tehran.

Iran's Foreign Ministry Spokesman Saeed Khatibzadeh says the South Korean delegation currently visiting Tehran is part of the entourage accompanying the East Asian country's deputy foreign minister, who is going to visit Iran on Sunday.

The Iranian foreign ministry spokesman has called on Seoul to behave rationally and responsibly in dealing with Tehran’s seizure of a South Korean vessel due to technical issues.

Iranian Government Spokesman Ali Rabiei has dismissed the allegations that Iran is holding hostage the South Korean vessel seized in its southern waters, saying if there is any hostage-taker, it’s the Seoul government which has frozen $7 billion in Iranian funds.

An estimated 10 trillion won ($9.2 billion) in Iranian funds is currently frozen at South Korean banks under US sanctions.

Iran has seized a South-Korean-flagged chemical tanker in its southern waters over "chemical pollution" of the Persian Gulf, informed sources say.

The Iranian government spokesman says efforts are being made to bring back Iranian foreign currency assets deposited at banks of other countries.

The Iranian president has lashed out at the US for pressuring countries into blocking Iranian assets to prevent it from buying medicines and medical equipment.

Iran’s Ministry of Foreign Affairs says the country is filing lawsuits against “delinquent” South Korean banks which have seized Iran’s money.