S.Korean PM:

Tehran (IP) - Iran and South Korea expand bilateral cooperation to pass the coronavirus pandemic, South Korean Prime Minister said.

Iran PressIran News: Attending a press conference in Saad Abad Palace, Chung Sye Kyun pointed to Iran and South Korea’s deeply rooted relationships and called his trip to Iran meaningful.

Korea’s prime minister added that Iran and South Korea had had several contracts and Korean companies fulfilled their projects in Iran well, which shows the close relationship between the two countries.

"Iran and South Korea’s relations date back to more than half a century; it has experienced challenges," though, he highlighted.

"My trip to Tehran aims at expanding future bilateral relations, and I believe that cooperation must continue at the highest levels," the South Korean prime minister noted.

Effective negotiations regarding the Joint Comprehensive Plan of Action (JCPOA) are taking place recently, and Iran and S.Korea’s cooperation is vital. In this regard, various aspects were discussed with Iranian First Vice President Eshaq Jahangiri, and I invited him to come to South Korea, the Korean official said.

"South Korea enhances medical equipment and medicine trade with Iran," he pointed.

"An Inspection Economic Cooperation Committee will be set up between Iran and Korea to enhance trades, and Korea’s government will have effective negotiations with JCPOA’s parties to solve the problem of Iran’s assets in Korea’s banks," he added.

Chung Sye Kyun concluded that Iran and South Korea would support each other in difficulties and move forward to establish a bright future.

Veep: South Korea to release Iran's frozen funds soon

Iran's Vice President Es'haq Jahangiri said in a press conference after meeting with South Korean Prime Minister Chung Sye Kyun: "Korean banks' action to freeze Iran's funds has damaged Korea's face among the Iranian people, so the country should release Iran's foreign exchange resources as soon as possible. They should release it and compensate the damages with practical measures.

Es'haq Jahangiri said: "Next year is the 60th year of establishment of diplomatic relations between Iran and Korea. During these years, trade relations have been high and Korean companies were present in various sectors of the Iranian economy, so that in 2012, the volume of trade between the two countries reached $ 17 billion.

Jahangiri noted: "Unfortunately, in the last three years, due to South Korea following the illegal US sanctions against Iran, the relations between the two countries have stagnated."


Read more:

S.Korean PM arrives in Tehran