25 Apr 2024
Saturday 20 October 2018 - 16:28
Story Code : 323895

Iran, South Korea plan 'comprehensive' boost in ties

Press TV - Irans new ambassador to Seoul saysthere is a comprehensive plan aimed at expansion of bilateral ties with South Korea inface of returning US actions.

The plan would addressthe expansion of relations inpolitical, economic, commercial, cultural, and parliamentaryareas, Saeid Badamchi Shabestari told IRNA on Saturday.

The plan will be implemented in line with a timed schedule and would take priorities into consideration, said Shabestari, who entered the Korean capital last week as the Islamic Republics new ambassador.

The envoy regretted that the ties had been hit by America's withdrawal in May from a multi-lateral nuclear deal with Iranand its subsequent imposition of sanctions on the Islamic Republic. The first round of the bans were implemented in Augustand the second round is expected to take effect on November 4 targeting Irans energy sector, including oil exports.

He, however, said the ties were friendly and strong in nature. The fact that the relations had been founded on reality would keep the countries determined to deepen the ties inface of Americas hostile and illegal unilateral actions, he added.

The Iranian and Korean economies complement one another, he said, reminding that the volume of bilateral trade surpassed the $12-billion benchmark last year. I consider the mutual interactions and cooperation to be following a very optimistic trend, the envoy noted.

The two sides have devised several courses of action to galvanize mutual economic and trade relations inface of the US measures which include using the capacities offered by small and medium-sized industries and enterprises.

Seoul, which had stopped Iranian oil imports under US pressure, had beenseeking waivers from US sanctions to continue buying Iranian crude, Shabestari said.
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