(MENAFN) Doors are now wide open to South Korea for trade with Iran, and the latest proof for that is the fact that Seoul plans to extend a financial support package worth USD25bn for infrastructure investment in Iran.
Many top Korean experts and officials have deemed the Persian Gulf Islamic Republic as a rich country possessing proper grounds for investments on the part of South Korean economic activists.
Additionally, Iran intends to deliver oil and gas industry infrastructure worth USD185 billion by the year 2020 in order to establish a giant holding in the field of energy, which will only attract more global big names.
Furthermore, the South Korean president touched upon the newly-inked contracts in many fields including the ones between the two nations' customs as well as between Iranian and Korean investors.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.