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KOREA EXPORTING SAFETY GEAR TO IRAN WITHOUT FEAR OF US EMBARGO

Published On 21 Apr 2020 11:31 AM


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  • United States has put trade sanctions between Iran and Korea which are prohibitive.
  • Korea and Iran can enter into a trade sanction by allowing the deal to be carried through with transaction dealt over wire transfer.

United States has put a trade embargo on Iran for keeping trade relations with Korea, so it cannot import any protective equipment (PPE) from Korea even if it wishes to.     ....


Tags : South Korea, Iran, Safety gear, export, US sanctions, cable transfer, 5.3 billion won,
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