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S. Korean PM arrives in Iran in bid to revive nuclear deal

South Korean Prime Minister Chung Sye-kyun arrived in Iran on Sunday to help try to restore a 2015 nuclear deal between Iran and world powers and free up $7 billion in Iranian funds trapped in South Korea, Seoul officials said.
Chung is the first South Korean prime minister to visit Iran in 44 years amid icy relations between the two countries due to Iran’s military cooperation with North Korea.
Tension rose after Iran seized a South Korean ship and its sailors in the Strait of Hormuz in January, accusing them of polluting the waters, and demanded South Korea release $7 billion in assets frozen in South Korean banks under US sanctions.
Chung’s trip comes days after Iran released the tanker and its captain, the last member of its 20-strong crew, with South Korea vowing to help secure the release of the funds.
Iran and world powers held talks last week aimed at reviving the 2015 nuclear deal that former US President Donald Trump abandoned three years ago.
After talks on Sunday with Iranian First Vice President Eshaq Jahangiri, Chung displayed his willingness to support efforts to revive the deal, aimed at preventing Tehran from acquiring nuclear weapons, formally named the Joint Comprehensive Plan of Action (JCPOA), according to Iranian and South Korean media reports.
A return to the JCPOA would help improve relations between Seoul and Tehran, Chung said, pledging to step up cooperation with Washington and other countries over the Iranian funds.
The Biden administration is trying to find a way to rejoin the accord and lift the sanctions at talks in Vienna with Iran, mediated by European signatories. Seoul officials have said they only can release the Iranian billions with a nod from Washington.
“The JCPOA negotiations are being pursued constructively and it seems ... development of ties and problem resolving are necessary for the wellbeing and advancement of both nations,” Chung told a joint news conference, according to Iran’s state news agency IRNA.
Iran’s foreign ministry said unblocking Iran’s funds was important to advance relations.
“Our ties have been affected by this issue,” ministry spokesman Saeed Khatibzadeh told reporters on Monday. “Some solutions have been discussed, but it remains to be seen to what extent and to what extent they will be operational.”
Chung, who visited Iran in 2017 as the national assembly speaker, invited Jahangiri to South Korea, and promised to provide medical supplies and expand COVID-19 cooperation, IRNA said.
An apparent cyber-attack at Iran’s Natanz nuclear facility on Sunday was caused by an act of “nuclear terrorism”, the country’s nuclear chief, Ali Akbar Salehi, said, according to state TV, adding that Tehran reserves the right to take action against the perpetrators.
Israel’s Kan public radio cited intelligence sources, whose nationality it did not disclose, as saying that Israel’s Mossad spy agency had carried out a cyber attack at the site.
Israel, which has accused Iran of seeking to build nuclear weapons that could be used against it, has not made an official comment on the incident.
source: Reuters
Image source: Reuters
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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