Tehran Stock Exchange and Korea Exchange (KRX) have signed a memorandum of understanding for cooperation. In a meeting with CEO of KRX Kyungsoo Choi in Tehran on Sunday, Mohammad Fetanat, the head of Securities and Exchange Organization, said as per the agreement, a working group will be established to review the structure of the Iranian capital market and its regulations, Mehr News Agency reported. Fetanat added that an educational workshop will be held in Seoul in November. Choi welcomed the prospects of establishing close ties with Tehran Stock Exchange and said, “Seoul intends to share its 60 years of experience in capital markets with Tehran.”