The US Department of Defense says the United States and South Korea have agreed not to hold joint large-scale military exercises in the spring.
Despite US sanctions against Iran, Hyundai Oilbank Co., a major South Korean refiner, plans to import 2 million barrels of Iranian condensate this month.
South Korea will resume imports of Iranian crude oil as of next month or so after halting shipments ahead of new US sanctions on the Islamic Republic, Business Korea reported.
The head of South Korea’s biggest oil refiner said on Wednesday that it will restart Iranian oil imports from January or early February 2019.
Guangzhou International Documentary Film Festival (GZDOC) kicked off in the China’s southeastern city of Guangzhou with the participation of various countries, including Iran.
South Korea's ambassador to Tehran has called for expanding cooperation between Tehran and Seoul.
South Korea's Ministry of Defense has confirmed that Seoul will resume its joint naval exercises with the US, despite North Korea's fierce opposition.
North Korean state newspaper referring to new US military movements in the region as practice for a potential invasion, accused the Washington for plotting to unleash a war on North Korea while continuing to negotiate with a smile on its' face.
South Korea said that it agreed to using national currencies, including South Korean 'Won', in trade exchanges with Iran.
South Korean Ambassador to Tehran said, companies in his country understand the significance of the Iranian market and will not leave it under the US sanctions.