No 44



South Korea Extends $50Mn Credit Line To Iran

South Korea痴 Export Import Bank will extend a credit lineof $50mn to the Central Bank of Iran, under an agreement signed on 26 Octoberin Tehran by the Governors of the two Central Banks, Mr. Jang Man Ki and Dr.Mohsen Nourbakhsh. According to a report in the Tehran newspaper Iran Dailyon 28 October, the credit line will finance imports of Korean products byIranian companies. The volume of trade between the two...