News ID: 208664
Published: 0344 GMT January 23, 2018

Tehran, Seoul stress broadening of mutual cooperation

Tehran, Seoul stress broadening of mutual cooperation

Tehran and Seoul voiced readiness to expand ties in the economic and trade sectors.

In a meeting with Morteza Lotfi, the head of Iran's Social Security Investment Company (Shasta) in Tehran on Tuesday, South Korean Ambassador to Iran Kim Seung Ho and managers of companies who attended the meeting expressed their willingness to work with Iran, especially Shasta company, reported Fars News Agency.

Lotfi briefed his guests on Shasta's fields of activities and thanked the South Korean ambassador for the meeting. He expressed his company's readiness to cooperate with South Korea in the form of finance, mutual investment and formation of investment funds in Iran and South Korea.

Shasta, which was founded in 1986, is now one of the biggest companies in the Middle East while its holdings and subsidiary companies hold major shares in production and service sectors in the fields of oil, gas, petrochemical, medicine, cement, ICT, energy, mineral, metallic and nonmetallic industries.

   
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