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February 22,2019
A top US official discussed this week South Korea’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a...
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January 25,2019
South Korea imported no Iranian crude for the fourth straight month in December due to the re-imposition of US sanctions on Tehran, while intakes from the US and Kazakhstan rose sharply as...
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January 14,2019
A South Korean oil buyer is set to receive about 2 million barrels of Iranian condensate in January, a source familiar with the matter said on Monday.
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January 04,2019
Iran traded 2.28 million tons of non-oil commodities worth $2.68 billion with South Korea during the first nine months of the current fiscal year (March 21-Dec. 21).
This marks a 73.26% and 54.13...
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December 26,2018
South Korean President Moon Jae-in highlighted the historical Tehran-Seoul relationship, describing Iran as an “important” and “reliable” partner.
He made the remarks during a ceremony to receive...
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December 12,2018
The contract between South Korea’s Hyundai Rotem and the Islamic Republic of Iran Railways for the production of suburban railbus wagons has not been terminated and is still in place.
"The Korean...
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November 28,2018
The First Joint Conference on Korea-Iran Business Opportunities was held at the Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on Tuesday.
South Korea's Ambassador to Iran...
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November 13,2018
An economic delegation from South Korea discussed investment opportunities with the economic officials of the southern Bushehr Province on Sunday.
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November 11,2018
Not purchasing any oil from Iran for four consecutive months was not Seoul’s choice, it was indeed part of a strategy “premised on sagacity” to be able to win waivers from the United States, Ryu...
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November 09,2018
South Korea says it has reached a deal with Iran to use local currencies in mutual trade between the two countries instead of the US dollar.
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October 30,2018
A joint conference between the cooperative chambers of Iran and South Korea was held in Tehran on Monday with the aim of fostering educational ties and boosting trade.
The event was held at the...
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October 30,2018
Hyundai Engineering & Construction Company announced on Monday that it has scrapped a $520 million deal with Iran's Ahdaf Investment Company to build the second phase of Kangan Petro Refining...
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October 21,2018
Iran’s new ambassador in Seoul says there is a “comprehensive plan” aimed at expansion of bilateral ties with South Korea despite the reimposition of US sanctions.
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October 09,2018
Following the approval of a measure by lawmakers that allows Iran to formally join the UN treaty for combating the financing of terrorism earlier this week, Iranian residents in South Korea can now...
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September 14,2018
Iran traded 2.04 million tons of non-oil commodities worth $2.08 billion with South Korea during the first five months of the current fiscal year (March 21-Aug. 22), registering a 54.97% and 34.29...
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September 08,2018
A part of banking hurdles facing Iranian citizens in South Korea have been resolved, as Woori Bank officials reassured that they are ready to “offer all banking services” to Iranian citizens across...
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September 03,2018
Director General of Iran Small Industries and Industrial Parks Organization Sadeq Najafi and South Korea’s Deputy Minister of SMEs and Startups Choi Su-gyu signed a memorandum of understanding on...
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August 24,2018
South Korea’s leading tobacco seller KT&G is watching the Iran market where sales of its brands were slowing down this year after US reimposed sanctions against the Middle East nation,...
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August 07,2018
Iran traded 1.93 million tons of non-oil commodities worth $1.8 billion with South Korea during the first four months of the current fiscal year (March 21-July 22), registering a 48.19% and 26.29%...
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May 19,2018
The South Korean government held an inter-agency meeting on Friday to explore ways...
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April 15,2018
Iran’s non-oil trade with South Korea in the last fiscal year (ended March 20) stood at $8.09 billion, registering an increase of 27.77% compared to the year before. South Korea was Iran’s third...
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January 16,2018
Iran exported more than $3.03 billion worth of goods to South Korea during the nine months...
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December 23,2017
Managing Director of the Islamic Republic of Iran Shipping Lines Mohammad Saeedi said on...
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December 11,2017
Iranian and South Korean private companies signed 22 memorandums of understanding late...
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December 02,2017
South Korean rolling stock manufacturer Hyundai Rotem signed a contract worth €720 million with...