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MP Stresses Parliament's Support for Tehran-Seoul Industrial Ties

Service : Economy
TEHRAN, May 30 (ICANA) – Head of Iran-South Korea Parliamentary Friendship Group Seyed Hassan Hashemi underlined the Iranian parliament's strong support for closer industrial ties between the two countries, specially in the power sector.
Monday, May 30, 2011 8:21:59 PM
MP Stresses Parliament's Support for Tehran-Seoul Industrial Ties

Speaking in a meeting with a delegation from South Korean Hyundai Heavy Industries (HHI) here in Tehran on Monday, Hashemi welcomed cooperation between Iranian CTM Co. and HHI, and assured the Korean side of the "parliament and government's support for the two sides' cooperation since the measure would naturally lead to stronger ties between the two states".

HHI has been introduced by the Iranian CTM company for supplying the generators needed for the generation of 1,000 mw of electricity.

HHI is also due to have cooperation with the Iranian side in the indigenous development of small power plants in Iran.

In March, Iranian Ambassador to Seoul Ahmad Masoumifar underlined the good economic relations between Tehran and Seoul, and urged the Iranian and South Korean companies to further increase their mutual cooperation.

"There are numerous spheres for collaborations between the Iranian and Korean companies," which need to be highlighted, Masoumifar said in a meeting with Cho Hwan-eik, the head of Korea's Trade-Investment Promotion Agency (KOTRA).

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