SEOUL: A Seoul government delegation sent to Tehran on Thursday will attempt to secure the release of a South Korean oil tanker seized by Iranian authorities near the Strait of Hormuz, the foreign ministry鈥檚 top official said.
The South Korean-flagged MT Hankuk Chemi with 20 crew members on board was traveling from 黑料社区 to the UAE when it was intercepted by Iran鈥檚 Islamic Revolutionary Guard Corps (IRGC) on Monday and taken to the port of Bandar Abbas.
According to Iran, the ship violated environmental protocols 鈥 claims that the vessel鈥檚 operator has denied.
鈥淲e will ask them to exchange due evidence or data to verify the facts,鈥 Koh Kyung-sok, South Korea鈥檚 director-general of Africa and Middle East affairs, told reporters before boarding a plane at Incheon International Airport, west of the capital.
Koh, who is leading the delegation, said that besides meeting their Iranian counterparts, Korean diplomats will hold talks with other Iranian stakeholders to resolve the issue.
The delegation will travel to Iran via Qatar. 聽
While officials in Seoul say they are seeking a diplomatic solution to the standoff, the South Korean navy鈥檚 anti-piracy unit was deployed in waters near the Strait of Hormuz on Tuesday to 鈥渆nsure the safety鈥 of Korean nationals on board the MT Hankuk Chemi.
The vessel鈥檚 crew of 20 includes nationals from South Korea, Indonesia, Myanmar and Vietnam. All are reportedly safe.
It remains unclear if negotiations between the South Korean delegation and Iranian authorities will be successful.
When Seoul announced the plan to send the delegation earlier this week, Iran鈥檚 foreign ministry spokesman, Saeed Khatibzadeh, was quoted by the state news agency IRNA as saying that the South Korean government鈥檚 behavior is 鈥渋ncomprehensible.鈥
Khatibzadeh claimed that the matter is moving 鈥渁long its legal path and does not require a diplomatic trip.鈥
Diplomatic sources and South Korean experts believe the ship鈥檚 seizure is linked to tensions over the freezing of Iran鈥檚 money in South Korean banks under US financial sanctions. 聽
Iranian assets worth $7 billion in two Korean bank accounts have been frozen after the Trump administration withdrew from a landmark nuclear deal with Tehran in 2018 and toughened sanctions against the Islamic Republic.
In an effort to end the impasse, Seoul and Tehran discussed using the frozen money to purchase $1 billion of medical equipment. Iran has also reportedly requested the use of $10 million or more from the frozen assets to buy coronavirus vaccines from the global vaccine procurement facility COVAX. 聽
Jung Sang-ryul, a professor at the Institute of Middle Eastern Affairs at Myongji University in Seoul, believes that the current standoff will be solved through diplomatic channels.
鈥淭here is a high possibility the confrontation will be settled diplomatically,鈥 he told Arab News, adding that Seoul-Tehran relations are unlikely to be compromised by the incident. 聽
The two countries enjoy strong economic ties, with South Korea the third-largest importer of Iranian oil in 2017. South Korea also became the biggest buyer of Iranian condensate, which its petrochemical industry processed in refineries designed to handle the commodity. 聽
However, following US sanctions, South Korea鈥檚 oil imports from Iran fell from $7.8 billion to $2.1 billion by 2019 with no further imports last year. 聽
鈥淩elations between the US and Iran are the problem, not between South Korean and Iran,鈥 Jung said.
South Korean envoys en route to Iran after tanker seizure
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Updated 07 January 2021
South Korean envoys en route to Iran after tanker seizure

- South Korean anti-piracy unit deployed near Strait of Hormuz to ensure crew鈥檚 safety
- The vessel鈥檚 crew of 20 are all reportedly safe