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Iran urges S.Korea to unfreeze its bank assets

Iran urges S.Korea to unfreeze its bank assets

Tehran :During a meeting with the visiting South Korean Prime Minister Chung Sye-Kyun on Monday, Iranian Parliament Speaker Mohammad Baqer Qalibaf has appealed to South Korea to unfreeze its assets in its banks, reports Xinhua news agency.

"Unfortunately, South Korea has lost its position in Iran's foreign trade and the two countries' economic and political relations, which once stood at the highest level, have declined," said Qalibaf.

"We expect South Korea's prime minister to come up with immediate and practical solutions to settle the problem of Iran's foreign exchange resources and (help) release the Islamic Republic's frozen money," he added.

In a joint press conference with Chung On Sunday, Iran's First Vice-President Eshaq Jahangiri has admitted that the S.Korea's decision had created tension between the two countries,

"South Korea has followed the US in implementing illegal sanctions against Iran over the past three years, which has depressed the bilateral relations",he said.

The Prime Minister's arrival in Tehran on Sunday came two days after Iran released a South Korean-flagged tanker seized three months ago in the Gulf for violating environmental regulations and marine pollution.

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TAGS:Iran S.Korea bank assets 
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