TEHRAN (ecoideal)- Iranian and South Korean officials in a meeting in Seoul on Saturday reviewed the capacities of Iran's trade market after the US exit from the Joint Comprehensive Plan of Action (JCPOA) in early May.
"Iran and South Korea have age-old relations," Iranian Ambassador to Seoul Mohammad Hassan Taherian said.
The Iranian ambassador pointed to long-term presence of South Korean companies in Iran's market, and said, "The two countries have witnessed remarkable growth in their trade exchange in the past months."
Today's meeting in South Korea was aimed at promoting transparency in cooperation between the Iranian and the host country's companies and reviewing ways to continuation of Korean presence in Iran's market.
In relevant remarks in February, South Korea's Ambassador to Tehran Kim Seung Ho underscored that Seoul supports the Korean companies' further cooperation and investment in Iran.
"The strategy of the South Korean government is based on further consolidation of ties between the two countries and the government is highly willing to see the Korean companies' cooperation and investment in Iran," Kim said, addressing economic activists in Iran's Northern province of Semnan on Sunday night.
He reminded dependence of his country's economy to the oil industry, and said Iran is the second supplier of South Korea's oil resources.
Kim also stressed further strengthening of relations between Tehran and Seoul.
Source: Farsnews