Business And Markets

CBI Chief Holds Talks in Seoul

CBI Chief Holds Talks in Seoul  CBI Chief Holds Talks in Seoul

Heads of the central banks of South Korea and Iran met in Seoul to discuss banking hurdles between the two sides and find workable solutions. 
In meetings with South Korean officials, the governor of the Central Bank of Iran Abdolnasser Hemmati complained that two-way trade ties are suffering due to the “over-conservatism of Korean partners toward US sanctions.” 
Hemmati blamed the new United States restrictions for the decline in bilateral trade in the last Iranian fiscal (ended in March) and urged Korean authorities to take effective measures to remove the unwanted hurdles, CBI’s official website reported. 


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