POST Online Media Lite Edition


South Korea ready for more maritime cooperation with Iran

Staff writer |
Deputy Head of Trade Development Organization of South Korea Kiman Nam and Managing Director of Iran's Ports and Maritime Organization Mohammad Saeednejad discussed ways for increased presence of South Korean vessels in Iranian waters.

Managing Directors of South Korean Hyundai, Pan Ocean and Hanjin shipping lines who took part in the meeting highlighted boosting the mutual cooperation on ports, sea and shipping lines.

The Iranian official said the country is ready to work with South Korean companies, and added Iran is ready for a shipping line agreement with the country.

The South Korean official said his country is ready for bolstering naval and port cooperation with Iran.

Late in January, Iranian Parliament Speaker Ali Larijani and his South Korean counterpart Kang Chang-hee, in a meeting in Tehran, voiced their capitals' willingness to open new avenues for expansion of their bilateral relations in all spheres.

The volume of non-oil trade transactions between Iran and South Korea stood at $6.2 billion in 2012.

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