0130 GMT March 06, 2021
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Tehran and Seoul have achieved a consensus about mechanisms to unfreeze the Iranian funds, said the Iranian foreign minister.
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South Korean schools opened for the new school year on Tuesday amid a mix of anxiety and hopes, as the country is still fighting against the third wave of the pandemic, but much-anticipated vaccinations have finally begun.
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The portion of male births of the total newborns in South Korea declined to a record low last year, data showed on Monday, in the latest sign that traditional preference for male children has waned.
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The head of Iran-South Korea Joint Chamber of Commerce said on Saturday that Seoul is supposed to pay Iran’s frozen funds based on the items requested by Iranian officials.
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Iran’s Foreign Minister Mohammad Javad Zarif in a phone call with his South Korean counterpart on Wednesday said that over the past two and a half years Tehran-Seoul relations have been influenced by South Korea's “illegal” measures, urging Seoul to immediately change its approach toward releasing Tehran’s frozen assets.
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Iran’s Central Bank Governor Abdolnaser Hemmati said the country reserves the right to take legal action against the freeze of its funds in South Korea.
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Japan told to cooperate on blocked assets
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The Coast Guard has seized 35 kilograms of cocaine from a container ship in the southern port city of Busan, officials said on Saturday.
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South Korea is finalizing talks with the United States about using some of Iran's money frozen in Seoul under US sanctions to pay Tehran's UN dues in arrears, a South Korean Foreign Ministry official said Wednesday.
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South Korea said on Wednesday it has clinched a free trade deal with Cambodia, the latest in a series of its free trade pacts to revitalize its ailing exports amid the new coronavirus pandemic.
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Iran has agreed to allow the crew members of a South Korean vessel it seized for environmental pollution to leave the country, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said on Tuesday.
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South Korea's consumer prices grew by less than one percent for the fourth straight month in January, data showed Tuesday, indicating that the country's inflationary pressure remains low amid the pandemic.
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A move by South Korea toward releasing $7 billion in frozen Iranian funds may affect Iran’s Judiciary’s decision to resolve the seizure of a Korean ship being held for environmental pollution, a senior Iranian lawmaker said.
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President Moon Jae-in expects South Korea’s economy to rebound to pre-pandemic levels in the first half of the year, saying it will have one of the strongest recoveries among major economies.
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Meet Fu Bao — the adorable baby panda who absolutely will not leave her zookeeper alone.
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