S. Korea to Pay Iran $1bln as First Tranche of Unfrozen Assets: Top Banker

S. Korea to Pay Iran $1bln as First Tranche of Unfrozen Assets: Top Banker

TEHRAN (Press Shia) – Iranian banks are going to receive a sum of one billion dollars in cash from South Korea as the first tranche of some $7 billion in the blocked assets that Seoul has agreed to release, the governor of the Central Bank of Iran said. - Politics news - Speaking to reporters on the sidelines of a cabinet session on Wednesday, Abdolnaser Hemmati gave more details of a plan...