Iran to let Central Bank sue S Korea if it fails to act on frozen funds, Amir-Abdollahian warns

Foreign Minister Hossein Amir-Abdollahian has warned that Tehran will not stop the Central Bank of Iran (CBI) from filing a lawsuit against South Korea over the freezing of Iranian assets in its banks under US pressure if Seoul fails to take practical strides to unblock the funds.

“The US pressure [on South Korea] is a fact, but we can no longer wear a smile and turn a blind eye to it,” he said in an interview with IRIB TV 1 television network on Saturday night, in response to a question about Iran’s frozen assets in South Korea and his telephone conversation with his South Korean counterpart, Chung Eui-yong, on the issue.

“The Korean side is worried that the CBI is set to lodge a complaint. We negotiated an agreement during the conversation, and I am waiting to see the results. I told him (Chung) that this is unacceptable for our people since we have been waiting for three years, and lip service would not help resolve the issue if your actions fail to yield objective and practical results,” Amir-Abdollahian said.

The Iranian FM said he told Chung that Tehran would not stop the CBI from lodging a lawsuit against South Korea in case if fails to take “objective, practical” measures on the case as per the agreements since “speech therapy cannot solve our problem. Of course, I hope the agreement [recently] reached will bear fruit.”


Source: Press TV