Seoul: Iran's frozen assets should be released soon

Young journalists club

News ID: 55366
Asia » Asia
Publish Date: 10:55 - 07 January 2022
Friday, 7 January 2022 (YJC)_ The South Korean Foreign Ministry said in a statement that during a meeting with the Deputy Foreign Minister of the Islamic Republic of Iran, the South Korean Deputy Foreign Minister expressed hope that Iran's blocked assets would be released soon.

Seoul: Iran's frozen assets should be released soonThe South Korean Foreign Ministry said in a statement that during a meeting with the Deputy Foreign Minister of the Islamic Republic of Iran, the South Korean Deputy Foreign Minister expressed hope that Iran's blocked assets would be released soon.

The South Korean Foreign Ministry said in a statement that the two countries' top diplomats in Vienna had consulted on the release of Iran's blocked assets.

According to the statement, South Korean Deputy Foreign Minister Choi Yang-kan and his Iranian counterpart Ali Bagheri agreed that Iranian assets should be released soon.

A statement from the South Korean Foreign Ministry also stated that the two sides had agreed on working consultations on the details of the transfer process.

South Korea's debt to Iran in exchange for the purchase of gas condensate in the two banks of this country is worth a total of seven billion dollars, which has not been paid since September 2018 under the pretext of US sanctions.

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