Iran wants their money back from Korea.

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    Iran's central bank governor announced that he would receive 1 billion dollars (about 1.1 trillion won) of frozen assets in Korea first.


    He also mentioned that if Korea does not return the frozen funds, it will go through judicial proceedings in accordance with international law.


    According to local media such as Iran's state-run IRNA news agency, Iran's central bank governor Abdolnaser Hemmati said in a meeting with reporters on the 24th (local time) that "one billion of the $7 billion frozen in Korea will be returned first." .


    Hemmati said, "At the meeting with the Korean ambassador, we made it clear how our assets should be used. It is up to Korea to negotiate with the person they want (the United States) and then prepare to lift the freeze."


    He emphasized that "1 billion dollars will not be returned in the form of goods," and "will be remitted to Iranian bank accounts."


    "The frozen assets in Korea are owned by the central bank and we have the right to take legal action. We have issued a payment order, and if they do not pay, we will take countermeasures according to international law." Added.


    Earlier, Vice President Raya Jonadi said in the middle of this month, "If diplomacy with Korea does not work, we will take steps to lift the asset freeze through an international court."


    He added, "We have already started preparing for legal action."


    it's direct google translation from Dispatch article


    https://www.dispatch.co.kr/2131099

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