Iran Press/Asia: In a meeting with Bahman Abdollahi, the head of the Iran Chamber of Cooperatives, in Tehran, Ryu Jeong-hyun added, “many European companies are leaving Iran, but South Korean firms have declared they will stay in Iran.”
He also said, “our ties are currently influenced by the US sanctions, but the fact that cooperatives are exempted from these bans gives South Korea a very good opportunity,” Press TV reported.
Ryu Jeong-hyun hailed the strategic and significant position of Iran in the region, and underlined that relations between Tehran and Seoul are far beyond bilateral trade.
Ryu Jeong-hyun meets with Bahman Abdollahi in Tehran
Ryu's comments come as US President Donald Trump announced in May that Washington was pulling out of the nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which lifted nuclear-related sanctions against Tehran in exchange for restrictions on Tehran's nuclear program.
A first round of American sanctions took effect in August, targeting Iran's access to the US dollar, metals trading, coal, industrial software, and auto sector. A second round, forthcoming on November 4, will be targeting Iran's energy sector and financial transactions.
This is while, Iran together with the international community, are trying with goodwill to pave the way for Iran to achieve its interests after the US illegal withdrawal from Iran deal.
The UN’s international court of justice has reprimanded the US over its re-imposition of sanctions on Iran, ordering Washington to lift restrictive measures linked to humanitarian trade, food, medicine and civil aviation.
Related News:
Top UN court orders US to lift Iran sanctions
Read More:
Iran, Japan and Qatar call for safeguarding JCPOA
British ambassador: "Compliance with JCPOA is the basis of ties with Iran"
French President: Exiting JCPOA would be catastrophic
Turkey: US sanctions on Iran is illegal
Iran urges world community to stand up to illegal US actions
Iranian NGOs issue statement on America's unilateral sanctions
