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Korea Trade Insurance Corporation at Risk Due to Iran Sanctions

Korea Trade Insurance Corporation at Risk Due to Iran Sanctions

SEOUL, Oct. 23 (Korea Bizwire) – Iran has been cut off from paying for South Korean imports with the United States re-imposing sanctions, and South Korea is concerned that the Korea Trade Insurance Corporation (KTIC) may be on the hook for compensation payouts for the losses sustained by South Korean companies. Representative Lee Hun, a [...]