South Korea Received 'Special License' From US to Export Humanitarian Goods to Iran, Report Says
South Korea obtained a “special license” from the U.S. to export humanitarian goods to Iran, according to an April 17 report from the Korea Herald. The license allows South Korean companies to export to Iran under “enhanced due diligence” requirements…
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that include a “much longer and more complicated process,” the report said. The South Korean government hopes the license will allow it to soon establish a humanitarian channel to trade with Iran, similar to the U.S.-Swiss joint mechanism announced earlier this year (see 2002270017), the report said. The Treasury Department did not comment.