South Korea

For peace with North Korea, Biden must end the US-South Korea military exercises

Feb 01, 2021 12:18

Due to their scale and provocative nature, the annual U.S.-South Korea combined exercises have long been a trigger point for heightened military and political tensions on the Korean Peninsula.
South Korean banks should pay damages on Iran’s frozen funds: CBI governor

Jan 19, 2021 16:16

Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says the country expects South Korean banks holding some $7 billion in Iranian funds to pay damages because of their failure in the past two years to release the resources amid constant pressure by the United States.
South Korea moves warship from key strait to mollify Iran: Yonhap

Jan 18, 2021 08:48

South Korea has moved its naval unit operating near the Strait of Hormuz away from the waterway "to foster a positive mood" ahead of negotiations with Iran over a detained oil tanker, Yonhap news agency reports.
Tehran rejects rumors of releasing South Korean-flagged tanker seized by IRGC

Jan 17, 2021 12:04

Foreign Ministry spokesman has rejected rumors about the possible release of a South Korean-flagged tanker that was seized in the Persian Gulf waters earlier this month by the Islamic Revolution Guards Corps (IRGC)'s Navy for repetitive violation of maritime environmental law.
North Korean leader pledges to strengthen military, nuclear arsenal

Jan 13, 2021 05:40

North Korean leader Kim Jong-un has vowed to strengthen his country’s military capabilities and nuclear arsenal, days before US President-elect Joe Biden takes office.
Iran, South Korea should not allow US to harm growing ties: Iranian lawmaker

Jan 12, 2021 15:47

A senior Iranian lawmaker says Iran and South Korea should not allow the United States’ ill-intentioned attempts to negatively affect growing relations between the two countries and endanger their interests.
South Korea should unfreeze Iran's assets as soon as possible: FM Zarif

Jan 12, 2021 03:42

Iran’s foreign minister says the measure taken by South Korean banks to freeze the Islamic Republic’s assets for fear of US sanctions constitutes the main factor that prevents further expansion of relations between the two countries, calling on Seoul to take swift and necessary actions to settle the issue.
Iran won’t let South Korea play tricks on frozen funds: CBI chief

Jan 12, 2021 02:55

Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says he expects South Korea to be serious on the issue of Iranian funds blocked in the East Asian country over US sanctions or expect repercussions in bilateral ties.
Iran’s assets frozen due to South Korea’s lack of political will: Deputy FM

Jan 10, 2021 16:34

Iran’s Deputy Foreign Minister for Political Affairs has taken to task the government of South Korea for illegally freezing the Islamic Republic’s assets over fear of the illegal US sanctions, warning that Seoul should not submit to the extortionist policies of the White House.
South Korean vice FM heads to Iran for 'in-depth talks' on seized tanker

Jan 10, 2021 06:39

A senior South Korean official says the situation surrounding a Korean-flagged oil tanker that has been seized by Iran for repeated environmental violations is “serious,” saying he is heading to the Islamic Republic for “in-depth” talks on the issue.