Iran-South Korea Relations

Iran renews call on South Korea to unfreeze oil money

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, South Korean FMs discuss Iran’s frozen assets

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 Urges South Korea to Immediately Release Its Frozen Assets

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.

Serbian Foreign Minister to Visit Iran on Apr. 17: Spokesman

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

Seoul Must Unblock Iran’s Frozen Assets As Soon As Possible

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 in Tehran for High-Level Talks

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

South Korean Prime Minister to Visit Iran on April 11: Spokesman

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.

Iran Berates Seoul for Refusing to Release Its Assets under US Pressure

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.

Zarif Urges South Korea to Release Iran’s Frozen Assets ASAP

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.

‘Crew of Seized South Korean Ship Allowed to Leave Iran’

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.

South Korea Seizing Iranian People’s Food, Drug Money: Zarif

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...

South Korea Should Pay Penalty for Freezing Iran’s Assets: Top Banker

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.

Legal Proceedings Underway into Case of Seized South Korean Ship: Iran

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

Seoul’s Seizure of Iran Assets Major Obstacle to Promotion of Ties: Official

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 Furious at Seoul’s Offer of Selling Iran Ambulances in Return for Frozen Assets  

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

Iran‌ Says Won’t Remain Indifferent toward South Korea’s Seizure of Its Assets

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

Iranian, South Korean Diplomats Discuss Tanker Seizure, Frozen Assets

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.

Seoul Sends Delegation to Tehran ahead of Senior Korean Diplomat’s Visit

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.

Iran Urges Seoul to Behave ‘Responsibly’ over Seizure of Korean Tanker

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.

Iran Denies Holding South Korean Vessel ‘Hostage’, Calls Seoul ‘Hostage-Taker’

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.

Some $9.2 Billion in Iranian Funds Frozen at South Korean banks: Yonhap

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

Iran Seizes South Korean-Flagged Chemical Tanker in Persian Gulf

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

Iran Says Efforts Underway to Return Its Frozen Assets from Other Countries

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

Rouhani Condemns US for Sanctions on Medical Supplies

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 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.

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