Korea signs MOU with Iran re Stock Market

By John Lee.

The Korea Exchange (KRX), operator of South Korea’s stock exchange, has signed a memorandum of understanding with the Securities and Exchange Organization (SEO) of Iran in Tehran collaborate and share experience in building related infrastructure.

The SEO is Iran’s financial regulatory body, which governs the country’s stock, derivatives and bond markets.

The KRX said the MoU will pave the way for South Korea to enter the Iranian financial market.

(Source: Yonhap)

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