Humanitarian Trade Talks With Seoul

South Korea is seeking to sell medicine and medical equipment in lieu of its arrears to Iran blocked in the south eastern country’s banks, head of Iran-South Korea Joint Chamber of Commerce said. 
Hossein Tanhaee estimated the Korea’s debt to Iran to be in the region of $7.5 billion. “This is while trade between the two countries is now close to zero” due to the US economic sanctions. South Korea is a close ally of the United States.
In a talk with IRNA, Tanhaee said the two sides are in talks to sell medical equipment to Iran. This would be in partial exchange for the billions in Iranian money frozen by the Seoul government nervous about Washington’s ire and its unending hostility towards countries and companies wanting to do business, including humanitarian trade, with Tehran.