Medicine exports from South Korea to Iran cut due to bank issues
Tehran, Iran, Oct.18
Medicine exports from South Korea to Iran have been halted due to banking problems, said secretary general of Iran and South Korea joint Chamber of Commerce.
"Medicine and food items are practically exempted from the sanction and banking problems should not affect their imports," said Poya Firouzi, Trend reports citing IRNA.
"We expect the South Korean government to resolve the banking problems related to import of medicine and medical raw materials. The Chamber was informed about the issue by Iranian medical companies; however, other related organizations should provide precise statistics," Firouzi said.
"There is possibility that we will see reduction of trade between Iran and South Korea. Meanwhile, we expect the obstacles in supply of medicine and food items will be removed soon by South Korean side, as they are exempted from the sanctions," the secretary general added.