SEOUL, Aug. 2 (Korea Bizwire) — South Korea and Iran have agreed to launch a working group on expanding humanitarian trade as part of efforts to maintain bilateral partnership within the scope of a U.S.-approved sanctions exemption, a source close to the matter said Sunday. The director general-level consultation aims to discuss on a regular [...]
SEOUL, June 6 (Korea Bizwire) — South Korea launched an inter-agency team Friday to help expand its humanitarian trade with Iran that had been restricted by U.S. sanctions against Tehran, the foreign ministry said. Lee Seong-ho, deputy foreign minister for economic affairs, presided over the inaugural session of the team consisting of officials from the [...]
SEOUL, May 28 (Korea Bizwire) – South Korea will this week send to Iran US$500,000 worth of medicine used to treat a hereditary disease, the foreign ministry said Thursday, in the first such humanitarian exports to the country since the United States tightened anti-Tehran sanctions last year. The medicine to treat Gaucher’s disease will be sent by [...]
SEOUL, April 10 (Korea Bizwire) — South Korea has won U.S. approval for the resumption of humanitarian exports to Iran under a special license program, with shipments likely to begin next month, a foreign ministry official said Friday. On Monday, Seoul received the green light for the exports based on the U.S. government’s General License [...]