Most Popular
-
1
Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
-
2
Debate rages over ‘overly fatty’ samgyeopsal
-
3
[Weekender] Korean psyche untangled: Musok
![[Weekender] Korean psyche untangled: Musok](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/02/20240502050841_0.jpg&u=)
-
4
40 flights canceled on Jeju Island due to bad weather
-
5
N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
![[Weekender] Korean psyche untangled: Musok](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/02/20240502050841_0.jpg&u=)
-
6
Pandemic left Korea more depressed than before: report
-
7
[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
![[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/03/20240503050674_0.jpg&u=)
-
8
Gov't appears to shelve punitive measures against mass walkout by doctors
-
9
From fake prostitution ring to nonexistent robber, prank calls hamper police
-
10
Missing S. Korean traveler in Paris found safe after 2 weeks
![[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/03/20240503050674_0.jpg&u=)
[THE INVESTOR] Hyundai Rotem will collect 76.3 billion won (US$66 million) outstanding fees from Iran, the company announced on June 24.
Hyundai Motor Group’s defense and railway equipment maker said that the Iranian government has approved related plans, and the payment will be made in three installments.
Hyundai Rotem had been contracted to supply 150 diesel-powered train cars to Iran in 2004. The company began shipping the vehicles in 2007, but the project was cut off due in part to economic sanctions imposed on the country in 2010.
According to the company, Iran will raise the necessary funds from National Iranian Oil Company’s crude oil and condensate sales to Korean refiners.
By Choi He-suk (cheesuk@heraldcorp.com)
Hyundai Motor Group’s defense and railway equipment maker said that the Iranian government has approved related plans, and the payment will be made in three installments.
Hyundai Rotem had been contracted to supply 150 diesel-powered train cars to Iran in 2004. The company began shipping the vehicles in 2007, but the project was cut off due in part to economic sanctions imposed on the country in 2010.
According to the company, Iran will raise the necessary funds from National Iranian Oil Company’s crude oil and condensate sales to Korean refiners.
By Choi He-suk (cheesuk@heraldcorp.com)
-
Articles by Korea Herald
![[Herald Interview] Director of 'Goodbye Earth' aimed to ask how we would face apocalypse](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/05/03/20240503050732_0.jpg&u=)
