Economy, Domestic Economy

Tehran to Host S. Korean Economic Mission

Tehran to Host S. Korean Economic MissionTehran to Host S. Korean Economic Mission

South Korea and Iran will hold working-level talks in Tehran next week to discuss their economic ties. Yonhap news agency quoted an unnamed South Korean government official as saying that the fourth round of director general-level talks between the two countries will take place on Wednesday, as South Korea pushes to capitalize on new business opportunities that have arisen after the lifting of international sanctions on Tehran. The upcoming talks will also cover a wide range of bilateral and global issues, such as the implementation of international sanctions against North Korea and cooperation on development and planning for high-level visits.  Negotiations have been underway to arrange a visit to Iran by President Park Geun-hye this year. The meeting will be led by Kwon Hee-seog, director general of the Foreign Ministry’s African and Middle Eastern Affairs Bureau, and his Iranian counterpart, Mahmoud Farazandeh.