Iran, South Korea discuss cooperation in energy and banking sectors

Baku, Azerbaijan, May 27

By Fatih Karimov - Trend:

Iran and South Korea discussed cooperation in a variety of areas, especially in the energy and banking sectors.

In a meeting between Iranian Deputy Foreign Minister for Asia and Oceania, Ebrahim Rahimpour and his South Korean counterpart in Seoul, the two sides expressed hope that the bilateral cooperation would be expanded in the oil, gas, and energy sectors, Iran's IRNA news agency reported on May 27.

The facilitation of cooperation in the banking sector was also discussed in the meeting.

The South Korean official, for his part, voiced South Korean companies' readiness to boost investment in different projects in Iran.

In a separate meeting between Rahimpour and South Korean Foreign Minister Yun Byung-se on May 24, the South Korean official said that South Korea attaches special importance and value to its relations with the Islamic Republic of Iran and has always sought to maintain these relations at the best level and status possible.

He referred to increased exchange of visits by Iranian and South Korean political and parliamentary delegations in recent years, and expressed the hope that the positive developments in the relations between the two countries would lead to the further expansion of ties in different political, economic and cultural fields, Iran's Fars news agency reported.

Byung-se pointed to the Geneva agreement inked by Iran and the world powers in November to settle differences over Tehran's nuclear program, and said that the Korean companies are precisely following the developments (in talks between Iran and the powers) as they are interested in developing their cooperation with Iran in economic and trade fields.

On January 20, Iran and the six powers (the five permanent UN Security Council members plus Germany) started the implementation of the historic nuclear deal which the two sides struck in the Swiss city of Geneva on November 24, 2013.

After endorsing the agreement with the world powers, Iranian Foreign Minister Mohammad Javad Zarif underlined that the six world powers have recognized Iran's enrichment program.

As part of the deal, in exchange for Iran's confidence-building bid to limit certain aspects of its nuclear activities, the six world powers agreed to lift some of the existing sanctions against Tehran.

National Bank of Georgia talks decrease in export of goods
National Bank of Georgia talks decrease in export of goods
Turkmenistan launches new project to support startups
Turkmenistan launches new project to support startups
Industrial products prices drop in Kazakhstan
Industrial products prices drop in Kazakhstan
Loading Bars
Latest
At least 5 soldiers killed in ambush in Cameroon's restive Anglophone region
Sign here first: U.S. salons, gyms, offices require coronavirus waivers
Embraer says China, India are potential partners after failed Boeing deal
Dmitry Pankin: BSTDB is able to redirect additional funds to help SMEs amid COVID-19
Azerbaijan's Azercosmos expands satellite services export
Turkey's export to OIC member states shrinks
Turkish BOTAS discloses volume of oil shipment from Ceyhan terminal
Volume of cargo transshipment from Portugal via Turkish ports disclosed
Turkey's export to BSEC countries from Jan. through Apr. 2020 slips
National Bank of Georgia talks decrease in export of goods
Turkish Petroleum Corporation appeals to ministry to extend license
Turkmenistan launches new project to support startups
Industrial products prices drop in Kazakhstan
Azerbaijan reports 168 new COVID-19 cases
Gas production by Shah Deniz since 2006 disclosed
Cargo transshipment data via Turkey's BOTAS port revealed
Georgia's international reserves up
Uzbekistan eyes setting up national freelancer center
Central Bank: Azerbaijan expects further decrease in inflation
Turkish ministry discloses data on cargo transshipment via Izmir port
Cargo transshipment via Turkish Ambarli port from Jan. through Apr. 2020 disclosed
Data on payment cards issuance in Kazakhstan revealed
Value of insurance fees in Azerbaijani market from Jan. through Apr. 2020 disclosed
Food safety certificates turn to electronic format in Azerbaijan
Azeri-Chirag-Gunashli: BP reveals oil output volume since 1997
Azerbaijan discloses data on payments in insurance market from Jan. through Apr. 2020
Georgia supports people losing jobs amid COVID-19 crisis
Uzbekistan organizes more charter flights to bring citizens back
Kaspersky providing advanced cybersecurity to Azerbaijani companies amid COVID-19
Iran resumes fuel shipment to Venezuela
Dutch bar terraces fill quickly as lockdown ends
Nasdaq postpones Philadelphia trading floor reopening due to protests
Shipping locks overhaul underway in Kazakhstan to minimize accidents risks
Azerbaijani Central Bank discloses volume of restructured loans
Central Bank: Situation in Azerbaijan's financial sector is satisfactory
Iran's Fars Province to increase wheat production
South Korean Samdong plans to create solid waste recycling cluster in Uzbekistan
JP Morgan: Minimal oil production shut-ins to remain in place through September
Restaurants, malls reopen in Georgia
Uzbekistan supports non-governmental medical organizations
Switzerland’s EuroChem Group AG increases ore output in Kazakhstan
Uzbekistan prepares to launch new resort zone
National Statistics Office of Georgia changes unemployment measurement methodology
Fiat ahead of Volkswagen, Renault in sales on Turkey's car market
Azerbaijan's State Oil Fund discloses amount of funds sold at foreign exchange auctions
Azerbaijan Micro-finance Association talks supporting women's entrepreneurship
Turkey-Turkmenistan trade turnover grows
Imports of goods from China to Georgia down
Spring field work completed in some Kazakh regions
Uzbekistan takes additional steps to join World Trade Organization
Bulgaria updates on construction of Balkan Stream
Turkmenistan, Iran review construction of disinfection facilities on border
Cargo transshipment through Turkish Tekirdagh port revealed
One of Uzbekistan's biggest refineries eyes to halt RON-80 fuel production
Kazakhstan reconsiders recommended rates on deposits in national currency
Azerbaijan discloses amount of debts due from liquidated banks
Weekly review of Azerbaijan's precious metals market (May 22-29)
UNDP in Turkmenistan opens tender for lab equipment procurement
Belarus raises export duties for oil, oil products
Azerbaijani PMD Group's major construction project nearing completion
Weekly review of Azerbaijani currency market (May 22-29)
Another company gets geological exploration license in Kazakhstan
Georgian wine export to China declines
Azerbaijan to apply new transport rules for intercity buses
UNICEF Uzbekistan opens tender for development of intranet
Kazakhstan's economy slowdown to significantly weaken banks' asset quality, performance
Iran reveals fuel production by IRGC-owned refineries
Black boxes from crashed Pakistan jet head to France for analysis
Buffett-backed BYD to supply EV batteries to Ford
Right to learn for every child (PHOTO/VIDEO)
Iran's Khatam Al-Anbiya construction headquarters talks its railway projects
Refinery operators need three steps to stay alive amid COVID-19
Iran to implement more control over car sales and production
Iran likely to begin paying loans to businesses
TOP-8 Turkish LPG importing companies disclosed
Turkey's import of LPG from US nearly doubles
UNDP in Turkmenistan to buy chemicals via tender
UNDP in Turkmenistan opens tender for website design
Uzbekistan slows down inflation
New bus terminal to be built in Turkmenistan’s Dashoguz region
Kazakhstan’s KazMunayGas reduces expenditures within anticrisis measures
Iran reveals its COVID-19 data for June 1
Kazakhstan Aviation Industry to launch unmanned aerial vehicles production
Emirates could take four years to resume flying to entire network
OPEC, Russia discuss extending oil cuts for 1-2 months
Britain reopens markets and some schools as lockdown eases
Azerbaijani Bank Respublika's shareholder composition changes (PHOTO)
Georgia's foreign exchange reserves decline
Trade turnover between Turkey, France declines
Baku's industrial production volume from Jan. through Apr. 2020 disclosed
ADB study maps supply chains for key products in COVID-19 response
SOCAR's Turkish subsidiary discloses sales volume
Geostat reveals TOP 10 goods exported from Georgia to Azerbaijan
Videoconference initiated by ADB held between Azerbaijani president and bank’s senior executives PHOTO)
Georgia implements new hotel complex project
Azerbaijan reveals data on Baku's trade turnover for 1Q2020
Uzbekistan holds talks with European media platform to promote its goods
Azerbaijan sees growth in electrical equipment production
Georgian flour producer to export its products to Greece, other Balkan states
Review of data on construction work in Baku from Jan. through Apr. 2020
All news