The Korean delegation arrived in Tehran on Sunday for a two-day visit as the last of a series of business delegations from Europe and Asia making the trek since the July 14 to explore avenues of restored and expanded ties with Tehran.
Ever since the Vienna deal, prospects for the removal of sanctions on the country are bright. Iran clinched a long-sought nuclear deal with the P5+1 group on July 14.
The delegation is headed by South Korean deputy trade minister Woo Tae-hee who is accompanied by officials of his ministry and state-run oil, gas and resources firms. South Korean minister of Land, Infrastructure and Transport Yoo Il-ho is also among the visitors.
In a statement that the ministry of trade, industry and energy of S. Korea released on Sunday, the delegation plans to highlight the capability of Korean firms for major projects with which the Iranian government seeks to "rebuild infrastructure, diversify industries and develop energy fields in the post-sanctions era."
An OPEC member, Iran enjoys the world's largest gas reserves and is fourth on the global list of top oil reserves holders.
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