ASIA: President endorses Iran-South Korea agreement

President Mahmoud Ahmadinejad on Saturday endorsed Iran-South Korea agreement on expansion of economic cooperation between the two countries.

The agreement, which consists of one introduction and 14 articles, was passed by Majlis and endorsed by the Guardian Council.

The parliament authorized the government to exchange relative documents on the agreement.

The agreement covers taxation on income as well as movable and immovable properties, import and export regulations, clearance of goods from custom houses, transportation and preserving the goods on domestic markets of both countries.

Via|Islamic Republic News Agency
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