South Korea to dispatch diplomat for Tehran talks after Iran seizes tanker | The World

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  • ABC News (Australia) published this video item, entitled “South Korea to dispatch diplomat for Tehran talks after Iran seizes tanker | The World” – below is their description.

    Iran has rejected allegations that its seizure of a South Korean tanker amounts to hostage-taking. The vessel was travelling near the Strait of Hormuz when it was intercepted by Iran’s revolutionary guards. It comes amid tensions between the two countries over billions of dollars in frozen funds that Tehran says South Korea is ‘holding hostage’ in accordance with US sanctions. Manny Tsigas reports.

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    In This Story: Iran

    Iran, also called Persia, officially the Islamic Republic of Iran, is a country in Western Asia. Its central location in Eurasia and proximity to the Strait of Hormuz give it significant geostrategic importance. Tehran is the capital and largest city.

    Iran is home to one of the world’s oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. The Iranian Revolution established the current Islamic Republic in 1979.

    Iran’s political system combines elements of a presidential democracy and an Islamic theocracy. Iran is a founding member of the UN, ECO, OIC, and OPEC. It is a major regional and middle power and has large reserves of fossil fuels — including the world’s largest natural gas supply and the third largest proven oil reserves.

    The country’s rich cultural legacy is reflected in part by its 22 UNESCO World Heritage Sites. Historically a multi-ethnic country, Iran remains a pluralistic society comprising numerous ethnic, linguistic, and religious groups, the largest being Persians, Azeris, Kurds, Mazandaranis and Lurs.

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  • In This Story: South Korea

    South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world’s most heavily militarized borders with North Korea. It’s equally known for its green, hilly countryside dotted with cherry trees and centuries-old Buddhist temples, plus its coastal fishing villages, sub-tropical islands and high-tech cities such as Seoul, the capital.

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