Some Korean pharmaceutical firms halt cooperation with Iran
Secretary of Iran-South Korea Joint Chamber of Commerce Pouya Firouzi says some South Korean pharmaceutical companies have stopped cooperating with Iran, admitting that Seoul still follows the structure of the U.S. sanctions against Iran.
Joint military exercises exacerbate instability in Northeast Asia; North Korean diplomat
"The U.S. and the South Korean army have started joint military exercises further worsening the instable situation on the Korean peninsula and Northeast Asia in disregard of our repeated warnings," Han Song U, DPRK ambassador told ILNA.
Blinken says U.S. weighs pressure, diplomatic options on N. Korea
South Korean Foreign Minister Chung Eui-yong gestures next to U.S. Secretary of State Antony Blinken before the Foreign and Defense Ministerial meeting between South Korea and U.S. at the Foreign Ministry in Seoul, South Korea, March 18, 2021.
Iran says $13b Korean finance on the way
Minister of Economic Affairs and Finance has confirmed local media reports of an imminent South Korean $13 billion credit line to support Iranian projects–a measure, which if finalized, will mark the biggest instance of foreign finance for the country since the implementation of the nuclear accord in January 2016,
Iran, S Korea to ink 15 water, power MoUs
Iran’s Energy Minister Hamid Chitchian has announced the signing of 15 Memoranda of Understanding (MoU) with South Korea in water and electricity sectors.
S. Korea: N. Korea fires two short-range missiles
North Korea fired what is believed to be a submarine-launched ballistic missile off the east coast of the Korean peninsula, the South Korean Joint Chiefs of Staff said Saturday.