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Iran's Non-Oil Trade With S. Korea Dips 9%

EghtesadOnline: Iran traded 1.7 million tons of non-oil commodities worth $1.45 billion with South Korea during the first three months of the current fiscal year (March 21-June 21), registering a 28.95% and 9.95% decline in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:24/July/2018 | 05:04

Iran's Non-Oil Trade With S. Korea Dips 9%

EghtesadOnline: Iran traded 1.7 million tons of non-oil commodities worth $1.45 billion with South Korea during the first three months of the current fiscal year (March 21-June 21), registering a 28.95% and 9.95% decline in tonnage and value respectively compared with last year’s corresponding period.
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Publish Date:24/July/2018 | 05:04

S. Korea Imports 167K bpd of Iranian Oil in June

EghtesadOnline: South Korea ’s imports of Iranian oil fell 40.3% in June from the same month a year ago to their lowest since January 2015, as the country’s buyers’ slashed purchases ahead of the reimposition of US sanctions targeting Iran.
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Publish Date:18/July/2018 | 13:00

S. Korea Imports 167K bpd of Iranian Oil in June

EghtesadOnline: South Korea ’s imports of Iranian oil fell 40.3% in June from the same month a year ago to their lowest since January 2015, as the country’s buyers’ slashed purchases ahead of the reimposition of US sanctions targeting Iran.
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Publish Date:18/July/2018 | 13:00

South Korea names new PM, finance minister amid scandal, angering opposition

EghtesadOnline: South Korea 's presidential office on Wednesday named a new prime minister and finance minister, the highest-level shake-up yet since President Park Geun-hye's administration was rocked by a scandal involving a friend accused of meddling in state affairs.
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Publish Date:02/November/2016 | 05:15

U.S. bombers fly over South Korea in show of force after nuclear test

EghtesadOnline: Two U.S. B-1 bombers flew over South Korea on Tuesday in a show of force and solidarity with its ally after North Korea's nuclear test last week, while a U.S. envoy called for a swift and strong response to Pyongyang from the United Nations.
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Publish Date:13/September/2016 | 06:23

S. Korea crude imports from Iran up by 115 percent in June

EghtesadOnline: South Korea ’s crude imports from Iran jumped nearly 115% in June from a year earlier as cheaper prices for Iranian condensate prompted Asia’s major ultra-light oil buyer to boost purchases of the oil products last month.
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Publish Date:17/July/2016 | 11:02

Humanitarian Trade Talks With Seoul

EghtesadOnline: South Korea is seeking to sell medicine and medical equipment in lieu of its arrears to Iran blocked in the south eastern country’s banks, head of Iran- South Korea Joint Chamber of Commerce said.
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Publish Date:24/August/2020 | 11:59

CBI Reprimands South Korea for Illegally Withholding $7 Billion

EghtesadOnline: Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its US ally and illegally withholding funds needed to counter the Middle East’s worst coronavirus outbreak.
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Publish Date:12/June/2020 | 19:24

India Suspends Visas for Iran, 4 Other Countries

EghtesadOnline: India has suspended all visas granted to foreign nationals of Italy, Iran, South Korea and Japan in the wake of three people, including a tourist, testing positive for COVID-19.
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Publish Date:07/March/2020 | 06:36

Samsung's Jailed Board Chairman Quits

EghtesadOnline: Samsung Electronics’ board chairman, Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korea n company, it said on Friday.
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Publish Date:15/February/2020 | 13:00

South Korea to Drop Japan From Fast-Track Trade Whitelist

EghtesadOnline: In an apparent tit-for-tat move, South Korea said Monday it will remove Japan from its "whitelist" of trusted trade partners, an act that risks further exacerbating tensions between the two US allies.
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Publish Date:13/August/2019 | 11:27

Seoul Asks Washington to Consider Exporters' Woes

EghtesadOnline: South Korea 's finance minister has called for positive US consideration in resolving difficulties facing smaller South Korea n companies due to US sanctions on Iran, the finance ministry said on Monday.
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Publish Date:11/June/2019 | 09:43

CBI Chief Holds Talks in Seoul

EghtesadOnline: Heads of the central banks of South Korea and Iran met in Seoul to discuss banking hurdles between the two sides and find workable solutions.
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Publish Date:08/June/2019 | 11:03

South Korea Determined to Maintain Mutual Ties

EghtesadOnline: South Korea will continue its negotiations with Washington to receive exemptions from US sanctions against Iran as ties with Tehran, particularly in the energy sector, are crucial for Seoul, says the East Asian nation's ambassador.
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Publish Date:22/May/2019 | 10:29

EIA: South Korea Overtakes China as No. 2 Buyer of US Oil

EghtesadOnline: South Korea overtook China as the No. 2 destination for US crude behind Canada in 2018, as shipments to South Korea soared to a record high of 558,000 barrels per day in December while shipments to China have started to return from zero, according to Energy Information Administration data released Friday.
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Publish Date:10/March/2019 | 13:00

US, South Korea Discuss Iran Oil Issues

EghtesadOnline: A top US official discussed this week South Korea ’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a diplomatic source.
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Publish Date:23/February/2019 | 14:46