The South Korean embassy in Tehran denies claims by some media that South Korea would not lift any Iranian crude and condensate in July for the first time over the past six years. Reuters in a report on Friday quoted familiar sources as saying that South Korea would not lift any Iranian crude and condensate […]

 South Korea has been included in the list of the possible candidates for a nuclear power plant construction project in Saudi Arabia. A fierce bidding war is anticipated among the five shortlisted countries, including the United States, China, France and Russia. The Ministry of Trade, Industry & Energy announced on July 1 that the Korea […]

Customs talks took place between Iran and South Korea in Belgian capital Brussels for facilitating bilateral trade and business activities. During the meeting, customs officials of Iran and South Korea exchanged their views with regard to matters of mutual concerns and the removal of obstacles facing bilateral customs. In the same direction, President of the Islamic […]

Holders Germany sensationally crashed out of the World Cup on Wednesday in one of the biggest shocks in the tournament’s history — failing to make it past the opening round for the first time since 1938. In a stunning reverse by the footballing superpower who have reached either the final or semi-finals of every World […]

Mexico placed one foot in the World Cup’s last 16 and left South Korea on the brink of elimination after goals from Javier Hernandez and Carlos Vela clinched a 2-1 victory in Rostov on Saturday. Hernandez became the first Mexican player to score 50 goals for his country, after 104 appearances, with Vela earlier opening […]

 Iran foreign ministry spokesman has welcomed the normalization of ties between the Koreas in a statement on Friday, saying that Iran has always called for a détente on the Korean Peninsula. “Iran considers the recent meeting between the leaders of the two countries of North Korea and South Korea, as a decisive step in the […]

TEHRAN – Iran exported over $3 billion worth of goods to South Korea during the first nine months of the current Iranian calendar year (March 21-December 21, 2017) up 30 percent compared to its preceding year. Meanwhile, Iran shipped in some $2.48 billion worth of goods from the Asian country, IRNA reported on Tuesday quoting […]

TEHRAN – Iran and South Korea have committed to cooperate on health-related issues concerning equipping and building new hospitals as well as sharing specialized knowledge in the sector. Iranian Health Minister Hassan Qazizadeh-Hashemi and his South Korean counterpart, Park Neunghoo, signed a memorandum of understanding (MOU) in Seoul on Friday. Six other agreements regarding building […]

TEHRAN- South Korea imported 17 million tons, or 372,890 barrels per day (bpd), of Iranian crude oil during the first 11 months of 2017, with 36.5 percent rise from 12.45 million tons over the same period last year, according to the customs data. Although, South Korea’s imports of Iranian crude oil fell 9.5 percent in […]

Iran inked a $720m contract with South Korea to buy 450 rail buses from the latter within 6-year period. Pointing to the fact that there are only 120 rail buses active in the country, Iran’s Minister of Roads and Urban Development Abbas Akhoundi added that the contract is worth € 720, adding the Iranian side had […]