...

South Korean president due in Tehran May 1

Business Materials 18 April 2016 17:30 (UTC +04:00)

Tehran, Iran, April 18

By Mehdi Sepahvand - Trend:

South Korean President Park Geun-hye is scheduled to travel to Iran on May 1 upon invitation by her Iranian counterpart Hassan Rouhani, Press Secretary Parviz Esmaili said.

In her three-day visit, Geun-hye will be accompanied by a number of ministers and owners of big businesses, Esmaili added, Fars news agency reported April 18.

Energy, banking, insurance, infrastructure, health, science, and culture will be discussed by the South Korean and Iranian sides, he added.

The secretary said that a number of documents are also prepared to be signed during the meetings.

Geun-hye will be the first South Korean president ever to visit Iran.

South Korea's imports of Iranian crude oil surged 81 percent to reach 244,240 barrels per day in March from the same month a year earlier in the wake of sanctions being lifted targeting Tehran's nuclear program.

In mid-April, South Korea has unblocked a large part of Iran's frozen assets belonging to exported petrochemical products to South Korea during the sanctions era.

Latest

Latest