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S. Korea, Iran Reach Maritime Pact

S. Korea, Iran Reach Maritime Pact

SEOUL, March 2 (Korea Bizwire) – South Korea and Iran initialed maritimepacts encompassing shipping and fisheries, the government said Tuesday, paving the way for local companies to tap deeper into the oil-rich Middle Eastern country. The understanding allows ships from the two countries freely pass through the waters of each other’s countries and receive equal support in case [...]