Secretary of the Association of Petrochemical Industry Corporation (APIC), Ahmad Mahdavi Abhari, said that South Korea has unblocked a large part of Iran's frozen assets.
He reminded that Iran had exported petrochemical products to South Korea during the sanctions era and the money from the exports was blocked under international sanctions, the Mehr news agency reports.
Iran's total assets blocked in South Korea is less than $1 billion, Trend reports.