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- Zarif says to meet French president Friday
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- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
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- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
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- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
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- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
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- Iran, Japan diplomats discuss bilateral ties
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- US issues seizure warrant for Iranian supertanker 'Grace 1'
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- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
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- Gibraltar releases Iran-operated tanker despite US pressure
Saturday, 29 January 2022 (YJC)_ The Central Bank of Iran has sent a letter to the International Center for the Settlement of Investment Disputes, requesting that South Korea return Iran's blocked assets to its banks, and that Tehran will sue Seoul if the dispute is not resolved. .
The Central Bank of Iran has sent a letter to the International Center for the Settlement of Investment Disputes (ISDS) requesting that South Korea return Iran's blocked assets to South Korean banks, according to KBS World.
According to a State Department official in Seoul, the South Korean government received the letter last September and is working to resolve the disruption of Iran's frozen assets under US sanctions.
Iran will likely complain to the International Center for the Settlement of Investment Disputes (ISDS) if the two countries do not find a negotiated solution within the next six months after accepting the letter.
Informed sources told Yonhap News Agency today that officials in Seoul and Tehran are planning a working meeting next month to discuss Iran's frozen assets in South Korean banks.
Earlier, the deputy foreign ministers of Iran and South Korea met in Austria to discuss Tehran's blocked money in Seoul banks.
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