Choi jong kun, Military commander

Tehran, Jan 11 During a meeting between Iranian Deputy Foreign Minister Abbas Araqchi and visiting South Korean First Vice Foreign Minister Choi Jong Kun, Tehran demanded the release of its frozen foreign exchange assets in Seoul.The First Vice Foreign Minister arrived in Tehran on Sunday in an effort to seek an early release of the South Korean oil tanker, Hankuk Chemi, which was seized by the Islamic Revolution Guards Corps (IRGC) in the Gulf on January 4 over what Tehran claimed to be "repeated violations" of environmental protocols."For about two and a half years, South Korean banks have illegally frozen Iran's foreign exchange assets, citing fear of the US' sanctions," Araqchi said during the meeting on Sunday evening.South Korea's course of action has no other reason than "submission" to Washington's "extortionist policies" and is "not acceptable", Xinhua news agency quoted the Iranian diplomat as saying.Pointing to several unfruitful rounds of negotiations recently held between the two countries, Araqchi said Iran believes its assets have been frozen "more due to lack of political will on the part of the South Korean government than Washington's iniquitous sanctions".The Iranian diplomat urged South Korea to find a mechanism to solve the issue, noting it is the first priority in the relations between the two countries.In response to a request for help from Choi regarding the seizure of the oil tanker, Araqchi said it is only a technical matter related to environmental pollution, and the judicial process has already begun.For his part, Choi said his journey to Iran is a sign that South Korea attaches importance to the Iranian assets issue.South Korea intends to restore trust in bilateral relations in 2021 by resolving the problems existing between the two countries, he added.The tanker was en route to the United Arab Emirates (UAE) when it was seized in the Gulf by the IRGC "for repeated violations of marine environmental laws".It was carrying 7,200 tonnes of chemicals derived from petroleum and 20 crewmembers five South Koreans, 11 Myanmarese, two Indones and two Vietnamese.The tanker is currently docked at a port in Bandar Abbas, a city on Iran's southern coast.( With inputs from IANS )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Choi Jong Kun, NewsFOLLOW

Choi jong kun, Latest News

International :US Deputy State Secretary discusses Burma, region with South Korean counterpart Choi Jong Kun

US Deputy Secretary of State Wendy Sherman met with South Korean First Vice Foreign Minister Choi Jong Kun in Washington and discussed North Korea and Myanmar, the State Department said in a readout of the conversation. ...

International :US, South Korea, Japan emphasize importance of Taiwan Strait peace

Amid China's aggressive behaviour in the Indo-Pacific region, the United States, South Korea and Japan have said that they oppose any unilateral attempts to change the status quo in the East China Sea and emphasized the importance of preserving peace ...

International :Iran FM urges 'immediate' release of frozen assets in S.Korea

Tehran, Jan 12 Iranian Foreign Minister Mohammad Javad Zarif has urged the "immediate" release of Tehran's frozen assets ... ...

International :Iran demands release of frozen assets in S.Korea

Tehran, Jan 11 During a meeting between Iranian Deputy Foreign Minister Abbas Araqchi and visiting South Korean First ... ...