N. Korea decides to expel US soldier Travis King
Lee Jae-myung's arrest reprieve emboldens opposition fightback
BTS agency likely to face tougher disclosure rules
At 93 and on quest to become Korea's oldest Ph.D. grad
‘Do you know Dr. Hong?’ Moms say they wish they didn’t
Traffic jammed on highways ahead of extended Chuseok holiday
N. Korea stipulates nuclear force-building policy in constitution
Traffic jam expected to ease late Thursday, 1st day of Chuseok holiday
[Graphic News] 8 out of 10 expats ‘satisfied’ with life in S. Korea
Chuseok food cost hits all-time high
Iran Bank requests end to restrictionBy 황장진
Published : March 30, 2011 - 19:05
Korea last year put 102 Iranian organizations including Tehran-based Bank Mellat and 24 individuals on a list banning financial transactions without central bank approval.
Yonhap News earlier reported that the Iranian bank may close its Seoul branch if Korea doesn’t help it normalize operations.
The restrictions were imposed on Iranian companies in Korea to comply with international sanctions over the country’s nuclear program.
Lee said the request by Bank Mellat is being referred to the finance and foreign ministries.
Opposition leader Lee again proposes talks with President Yoon
N.Korea could use nuclear weapons at any stage of conflict: Pentagon
Memorials commemorating Itaewon crowd crush to be erected at accident site