South Korea's Prime Minister, who's currently visiting Tehran, says Seoul is willing to support multilateral talks regarding Iran's nuclear deal, known as the Joint Comprehensive Plan of Action.
At a joint press conference with Iran's Vice President on Sunday, Chung Sye-kyun said related countries should also work together to resolve the issue of frozen Iranian assets in South Korea.
"The Korean government is willing to support constructive talks between parties to the Iran nuclear deal, and will strengthen possible cooperation with Iran and various countries to help resolve the issue of Iranian assets in South Korea."
Around 7 billion U.S. dollars of Iranian assets are said to be frozen in South Korea due to U.S. sanctions after former President Trump withdrew from the Iran nuclear deal in 2018.
It is widely believed that Iran seized a South Korean vessel back in January to pressure Seoul on the issue.
The vessel was released last week.
South Korea's Prime Minister urged Iran to ensure no similar incident takes place again in the future, citing freedom of navigation in the Strait of Hormuz.
Iran's Vice President urged Seoul to solve the issue of frozen assets as early as possible, saying Iran is suffering from a shortage of medical equipment and medicine amid the pandemic because of the frozen assets.
"Considering the gap created in the relations, and the righteous demand by the Iranian people, we ask the Korean government to free Iranian funds fast, and make up for the problems in recent years with practical steps."
During the meeting, South Korea proposed expanding cooperation on humanitarian issues, including vaccines and medicine trade, as well as economic cooperation as soon as the nuclear deal is revived.
Chung said they have agreed to set up a new consultative body for future economic cooperation.
Yoon Jung-min, Arirang News.