“The frozen fund problem has been resolved? So, are home appliances imported from Korea?”
On the 11th (local time), Sabah (44), whom I met on Shariati Street in the center of Tehran, the capital of Iran, said excitedly when he heard the news of the lifting of the Iranian frozen funds in Korea.
He expressed his hopes that Korean automobiles and electronic products would be officially imported again and follow-up services ( AS ) in Iran would resume.
In Iran, Korean home appliances and automobiles are popular. When Iranian newlyweds prepare a wedding, Samsung or LG electronics are considered the best. The most popular wedding cars are also cars from Hyundai or Kia.
The news that export payments tied to Korea were lifted was widely discussed locally, and most Tehran citizens knew about it.
The merchants we met in Shariati, where electronics stores are concentrated in Tehran, hoped that the lifting of the frozen funds would restore Korea-Iran relations and boost trade between the two countries.
It was also reported that the agreement between the US and Iran did not include sanctions relief or normalization of foreign trade. gathered
Alireza (58), who has run an electronics store on this street for 25 years, said, “Iranian people have a good impression and evaluation of Korean products. ” was expected.
He said, “Many customers are having trouble repairing Korean products they bought a long time ago, but parts are not coming in. Many Iranians are waiting for trade with Korea to become active again.”
In the shopping district located on this street, many Korean home appliances imported through unofficial routes were sold.
After the restoration of U.S. sanctions against Iran in August 2018, most Korean companies withdrew from Iran. At this time, Samsung Electronics and LG Electronics also effectively closed their Iranian business.
Since then, Iran has fostered domestic companies such as ‘Sam’ ( SAM ) and ‘Gplus’ ( Gplus ).
Kurosh (33), a used car dealer, said, “In Iran, Korean cars are sold at high prices even in the second-hand market.” It was expected.
Navid (44), a driver we met on Shariati Street, said, “It is very difficult to find car parts in Iran,
The car he was driving seemed to be more than 20 years old at a glance, and it was a model without air conditioning.
Cars are a valuable asset in Iran, where currency values are not stable. The demand for investment in automobiles is also significant, so even the same model is sold at a high price in Iran.
With the news of the lifting of the frozen funds, the local exchange rate market is also showing a stable trend.
According to ‘Bonvast’, a site that notifies the exchange rate of the Iranian rial market, the trading exchange rate on this day was 480,000 rials per US dollar, down 4% from the previous day.
Koreans living in Iran also welcomed the news of the lifting of the frozen funds.
A Korean resident said, “There have been many inconveniences due to the poor relationship with Iran due to the frozen funds issue, but now that the obstacles have disappeared, I hope that exchanges between the two countries will be activated.”
Currently, there are about 170 Koreans living in Iran토토사이트.
A resident of a Korean company living in Tehran said, “The lifting of the frozen funds is definitely good news, but it seems difficult to expect major changes in a short period of time because sanctions against Iran still exist.” Iran, which has the world’s fourth largest oil reserves and a population of 90 million , is the second largest economy in the Middle East after Saudi Arabia in terms of
gross domestic product ( GDP ).