The Governor of the Central Bank and the Ambassador of South Korea to Iran, in a meeting held at the request of the South Korean Embassy, ​​agreed on how to transfer and consume part of Iran’s banking resources in South Korea.
At this meeting, the necessary agreements were made regarding the transfer of resources to the intended destinations and the decisions of the Central Bank regarding the volume of transferred resources and the destination banks to the Korean side were announced.
The South Korean ambassador to Iran announced: His country is ready to take all necessary measures to use all of Iran’s banking resources in South Korea, and there are no restrictions in this regard.
According to the Central Bank’s public relations, Abdul Nasser Hemmati, the Governor of the Central Bank, also welcomed the change in South Korea’s approach and said: Although the Islamic Republic of Iran welcomes the change in the approach of the countries and the increase in cooperation, the legal pursuits of this bank to claim damages due to the non-cooperation of Korean banks in recent years will remain strong and the Korean side must make great efforts.
Iran’s negotiations with South Korea to release the blocked money of the Central Bank have been repeated several times in recent months, and this issue has been the main agenda of the Central Bank meetings during the Korean delegation’s visit to Iran.
As Hemmati had previously stated, the amount of money of the Central Bank in South Korea is 7 billion dollars, and it remains to be seen whether South Korea will finally liberalize Iran’s foreign exchange resources or not!
Earlier, in a meeting with the central bank, Korean officials had offered to provide Iran with an ambulance and a corona detection kit instead of freeing up blocked foreign exchange resources, but this shameless offer was strongly opposed by Iran.