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S. Korea hails end to U.N.-led sanctions on Iran

All News 07:22 January 17, 2016

SEOUL, Jan. 17 (Yonhap) -- South Korea said Sunday it will step up "reciprocal cooperation" with Iran as international sanctions on the country have been lifted in a follow-up to a nuclear deal.

The government welcomed the announcement by the International Atomic Energy Agency that Tehran has complied with the agreement made half a year ago with the U.S. and five other global powers on its nuclear program.

The move has effectively terminated international sanctions on Iran under a U.N. resolution and it will also require the U.S. and the European Union to roll back or ease bilateral sanctions on the Middle Eastern country.

"The government plans to further promote reciprocal cooperation between South Korea and Iran through close joint work among the relevant ministries," the Foreign Ministry said in a statement.

The faithful implementation of the Iranian nuclear deal is expected to help reinforce the global nonproliferation regime and contribute to the peace and stability of the Middle East, it added.

South Korea will also strengthen efforts to denuclearize North Korea via international cooperation, according to the ministry.

lcd@yna.co.kr
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