South Korea

South Korea releases $30 mln of Iranian funds for vaccine, drug purchases: Businessman

Apr 22, 2021 04:27

A senior Iranian businessman says South Korean financial authorities have accommodated the release of a tiny portion of Iranian funds that have been blocked in the country over alleged concerns about US sanctions.
S Korean PM in Tehran to mend strained ties

Apr 13, 2021 05:40

This is the first time in over four decades that a South Korean prime minister visits Iran. Chung Sye-Kyun arrived in Tehran on Sunday for a three-day visit.
South Korea must take practical, immediate action to unfreeze Iran assets: Parliament speaker

Apr 12, 2021 14:44

Iran’s Parliament speaker says South Korea must take practical and immediate measures to solve the existing problem related to Tehran’s frozen assets in that country and release the Islamic Republic’s blocked money.
Vice President: South Korea must unfreeze Iran’s assets as soon as possible

Apr 11, 2021 17:57

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 Korea’s PM in Iran for high-level talks

Apr 11, 2021 13:43

South Korean Prime Minister Chung Sye-Kyun has arrived in Tehran for talks with senior Iranian officials.
Prosecutor ordered release of South Korean oil tanker, captain: Khatibzadeh

Apr 09, 2021 12:57

Iran has released a South Korean oil tanker, the Iranian Foreign Ministry says, more than three months after the ship was detained for environmental pollution.
South Korea, US formally sign cost-sharing deal on American military presence

Apr 08, 2021 12:42

The United States and South Korea have officially signed a cost-sharing agreement to maintain the presence of American troops in the East Asian country.
North Korea carries out ballistic missile launch: US, Japan

Mar 25, 2021 11:07

North Korea has reportedly fired two missiles into the Sea of Japan, in what is the first signal to the new administration in the United States which is reviewing its policy towards Pyongyang.
South Korea agrees to biggest increase in share of costs for US troop presence in years

Mar 10, 2021 13:59

South Korea has agreed to a 13.9% increase in its contribution to the cost of hosting nearly 30,000 American troops on its soil for 2021, under a cost-sharing agreement with Washington.
US, South Korea reach cost-sharing agreement on American troops

Mar 08, 2021 09:07

The United States and South Korea have reached a cost-sharing agreement for American troops stationed in the East Asian country, including an increase in Seoul’s share of the expenses.