EghtesadOnline: Despite the South Korean government’s interest in maintaining normal trade ties with Iran, banks in that country refuse to process Iranian transactions, the general secretary of Iran-Korea Chamber of Commerce said Monday.

EghtesadOnline: Iran traded 5.64 million tons of non-oil commodities worth $4.61 billion with South Korea in the last fiscal year (ended March 20, 2019), registering a 51.05% and 43.03% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

EghtesadOnline: Iran traded 4.15 million tons of non-oil commodities worth $3.76 billion with South Korea during the 11 months to Feb. 19, registering a 60.1% and 48.01% decline in tonnage and value respectively year-on-year, latest data released by the Islamic Republic of Iran Customs Administration show.

EghtesadOnline: Iran traded 2.04 million tons of non-oil commodities worth $2.08 billion with South Korea during the first five months of the current fiscal year (March 21-Aug. 22), registering a 54.97% and 34.29% decline in tonnage and value respectively compared with last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.