South Korea launched a business center to support local firms exporting to Iran as the East Asian country seeks to broaden its presence in Iranian market. The business center that its opening announced by the Korean Finance Ministry on Monday, plans to facilitate trade ties between Korean and Iranian firms. The center will give consulting services ...

SEOUL, Nov. 16 (MNA) Thirty-ninth Organization of Asia-Pacific News Agencies (OANA) Executive Board Meeting was officially opened on Monday morning in Seoul.The opening ceremony of the Technical and Executive Committee, hosted by South Korea's Yonhap News Agency, kicked off with Yonhap President and CEO Park Jung-chan making a speech at the opening....

By Iran Book New Agency Currently, Iran is running its cultural week on South Korea. During the week, several cultural programs including showcases, calligraphy workshops and presentation of books on Ferdowsi have been arranged. IBNA:According to the public relations office of the Ferdowsi Foundation, Iran is holding its cultural week in South ...

By The Guardian Philip Hammond, the defence secretary, says Britain wants to increase pressure as public dissent in Tehran could halt regime's 'mad' nuclear scheme The international community should tighten the noose on Tehran to the point of threatening the Iranian regime's survival if it does not relinquish its "mad" nuclear ambitions, the ...

By Reuters SEOUL, Sept 24 (Reuters) - South Korea imported no crude oil from Iran in August due to European Union restrictions on shipping insurance, but purchases in September are expected to be up to 200,000 barrels per day, or back to full contracted volumes, after skirting sanctions. South Korea's overall crude oil imports rose 11.2 pct in ...

By Reuters (Reuters) - South Korea's SK Energy lifted its first crude oil inIranlast week to end a nearly two-month gap in imports from the Middle Eastern country over a European Union ban on insurance cover for Iranian oil, a spokesman of parent SK Innovation said on Friday. The move follows comments by economy ministry sources last month that ...

By Reuters SINGAPORE, Aug 21 (Reuters) - Asia's crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban by the European Union plunged trade with the Islamic Republic into uncertainty not seen in decades. Top Asian buyers -- China, India, Japan and South Korea together take more than half of Iran's ...

By Reuters Aug 20 (Reuters) - South Korean refiners will resume imports of up to 200,000 barrels per day of Iranian crude from September, economy ministry sources said on Monday, ending a two-month gap due to a European Union ban on insurance cover for Iranian oil. The resumption is unlikely to hinder South Korea's bid to extend a U.S. sanction ...

By Financial Time South Korea plans to restart imports of Iranian oil after refiners said Tehran had offered to deliver crude on its own tankers and provide up to $1bn insurance cover for the vessels. South Korea, until last month the worlds fourth-largest buyer of Iranian crude, was the first Asian country tostop imports from Tehrandue to an ...

This article was written byMin-Jeong Lee for the Wall Street Journal blogs onJuly 4, 2012. After months of talks with the US and European Union about the impact of sanctions targeted at Tehran on shipments of oil to South Korea from Iran, Seoul halted those imports on July 1. Sorry, we should say that oil imports from Iran came to a halt. The ...