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Seoul moves warship away from Strait of Hormuz ahead of talks

South Korea moved its naval unit operating near the Strait of Hormuz away from the waterway to foster a positive mood ahead of negotiations with Iran over a seized oil tanker and Tehran’s frozen assets, a South Korean diplomatic source said on Monday.

Iran, South Korea agree to continue talks on frozen assets, seized tanker

South Korea and Iran will continue talks for the release of a seized Korean ship and to resolve the issue of Tehran’s frozen assets in the Asian country, officials in Seoul said on Wednesday.

Iran urges South Korea to release frozen funds immediately

Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said Monday he expects South Korea to be serious on the issue of Iranian funds blocked in the East Asian country over US sanctions or expect repercussions in bilateral ties.

Iran’s deputy FM slams South Korea for submitting to US ‘extortionist policies’

Iran’s deputy foreign minister for political affairs has taken to task the government of South Korea for illegally freezing the Islamic Republic’s assets over fear of the US sanctions, warning that Seoul should not submit to the extortionist policies of the White House.

South Korean official to discuss seized tanker in Tehran

South Korea’s First Vice Foreign Minister Choi Jong-kun said the situation surrounding a Korean-flagged oil tanker that has been seized by Iran for repeated environmental violations is “serious”.

Khatibzadeh: South Korean delegation in Tehran for talks on Iran’s frozen assets

Iranian Foreign Ministry spokesman Saeed Khatibzadeh said the main goal of the visit by a South Korean delegation to Tehran is to discuss ways of accessing Iran’s financial resources blocked in the Asian country under the US pressure.

Iran: South Korea holding $7b funds 'hostage'

South Korea to send delegation to Iran over tanker seizure

Iran seizes South Korean tanker for violation of environmental laws

Naval forces of Iran’s Islamic Revolution Guards Corps (IRGC) has seized a South Korean-flagged tanker for violation of environmental laws.

South Korea mulls including rental assistance for virus-hit merchants in emergency handouts

South Korea is considering providing rental assistance to smaller merchants hard hit by the new coronavirus outbreak, when it will give them another round of emergency handouts next month, people familiar with the matter said on Sunday.

South Koreans keen on resumption of trade with Iran: Joint chamber chief

By Sadeq Dehqan & Reza Abesh Ahmadlou

Iran urges South Korea to release its frozen assets

Chairman of the Iranian Parliament’s National Security and Foreign Policy Committee Mojtaba Zonnouri urged South Korean officials to release the blocked Iranian money as soon as possible.

Japan, South Korea, industry oppose EU plan to cut shipping emissions

Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the maritime sector to Europe’s carbon market.

South Korea seeking to remove trade obstacles with Iran: Envoy

South Korean Ambassador to Tehran Jeong-Hyun Ryu said his country is seeking ways to remove trade obstacles which have been caused by US sanctions.

KDI revises down 2021 growth outlook on pandemic-caused slumps in domestic demand

The South Korean economy is likely to grow at a slower-than-expected pace next year as domestic demand remains weak amid the fallout of the new coronavirus outbreak, a state-run think tank said on Wednesday.

Robots help seniors learn to use technology in South Korea

In South Korea, one of the most digitally connected societies in the world, the COVID-19 pandemic has accelerated the growth of contactless technology in everyday life. But one group is finding itself struggling in a fast-changing world of communications apps, fast food-ordering kiosks and robot waiters: senior citizens.