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The Korean government is rushing to re-engage economically with Iran... by giving local
firms the green light to engage in business-to-business transactions of humanitarian goods with the
Middle Eastern country. Korea's finance ministry says the move will
increase the bilateral trade volume by up to one-billion U.S. dollars over the next
twelve months. This comes as economic sanctions imposed on
Tehran by the international community were partially lifted for six months in mid-January...
after the Iranian government agreed to an interim deal to curb its nuclear activities.