South Korea to Resume Exports of Humanitarian Aid to Iran

April 10, 2020


Mehr News Agency

Related Country: 

  • South Korea
  • Switzerland
  • United States

The South Korean government has secured General License No. 8 from the United States, authorizing certain humanitarian transactions with Iran, including those involving Iran's Central Bank, which is subject to U.S. sanctions. These transactions are expected to begin in May 2020. South Korea may also use the Korean Humanitarian Trade Arrangement, which transacts with Iranian banks not specifically subject to U.S. sanctions, and the Swiss Humanitarian Trade Arrangement to ship humanitarian goods to Iran.