South Korea's new chief of Trade Centre has called for the expansion of trade transactions and joint ventures between Iranian and Korean firms, said a report from the Public Relations Office of the Iran Chamber of Commerce, Industries and Mines (ICCIM).
The new chairman of the Korean Trade (KOTRA), Ik Hwan Kim, who was introduced to the ICCIM by the South Korean commercial attaché, Juan Jai Hyun, termed Iran's geographical location in the world as "unique".
"South Korea is willing to promote its economic, commercial and industrial relations with Iran," said the new KOTRA Chief. Describing Iran's economic atmosphere as suitable for joint ventures, he pledged to pay a forthcoming trip to Iran to examine potentials of its economic and free trade zones.
"In the current Christian year, about five Korean delegations will travel to Iran to examine joint investments," he said, adding, "KOTRA should maintain close contact with those firms in order to convey the latest information on Iran's commercial and industrial situation."
ICCIM's vice-president, Mir Mohammad Sadeghi said Iran's trade law has been amended to promote joint ventures in the special economic and free trade zones. "The government seriously champions legal businesses and investments," said Mr Sadeghi, who is also the chief of Iran-South Korea Economic Co-operation Committee. The committee groups 100 private companies, which are vigorously following up the expansion of mutual trade ties.
The Iranian chamber official praised the efforts of KOTRA chief, adding that the two countries still have many unimplemented plans for expansion of mutual ties.