Sunday, August 7, 2022

Iran-South Korea Relations

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.

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

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

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’

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

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 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

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.

‘Seoul Keen to Keep Good Ties with Tehran despite Sanctions’

South Korean Foreign Minister Kang Kyung-wha has expressed her country’s willingness to maintain its friendly relations with the Islamic Republic of Iran despite the anti-Iran pressures.

Iran Reliable Partner for S Korea: Seoul

South Korean President Moon Jae-in has hailed the historical relations between Seoul and Tehran saying that his country attaches significant importance to Iran as a reliable partner.

Iran FM Holds High-Level Talks in New York

Iranian Foreign Minister Mohammad Javad Zarif on Thursday held separate meetings with his counterparts from a number of countries on the sidelines of the UN General Assembly in New York.

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