KTFA

Samson: China: Cooperation is the only right choice for Beijing and Washington

8th November, 2018

China said on Thursday that cooperation is the only right choice for Beijing and Washington, and that despite the twists and turns, bilateral relations have generally maintained steady progress over the past four decades

This came during separate meetings of Chinese President Xi Jinping and State Councilor and Chinese Foreign Minister Wang Yi with former US Secretary of State Henry Kissinger in Beijing

The Chinese president said during the meeting that the world is witnessing unprecedented changes in the past 100 years and that the international community expects the Sino-US relations to continue moving forward in the right direction

Ping said he had agreed with US President Donald Trump to meet at the upcoming G20 summit in Argentina, where the two sides could exchange views on issues of mutual concern

Ping praised the historic contribution made by the former US secretary of state for Sino-US relations, describing Kissinger as an old friend of the Chinese people and China will not forget his contributions

For his part, State Councilor and Chinese Foreign Minister Wang Yi said during a separate meeting with Kissinger that past experiences have proved that the common interests of China and the United States are far greater than their differences and that cooperation is the only right choice for both sides

Wang said China supports the principle of non-conflict or confrontation, mutual respect and win-win cooperation, noting that with regard to trade friction, China supports rule-based settlement and consensus through dialogue and consultation on an equal footing

Former US Secretary of State Henry Kissinger said he opposed the idea of ​​viewing China as a rival, stressing that the two countries were important powers and that bilateral relations were of vital importance to both countries and the world

Kissinger said it was necessary for the two sides to see relations from a broader perspective and to promote long-term stable strategic cooperation and stable development of their relations

Kissinger expressed his hope that the forthcoming meeting between the US and China presidents would be successful at the G20 summit in Argentina later this month    LINK

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Samson:  Iran and South Korea agree to trade in Korean currency

7th November, 2018

South Korea has announced it has agreed with Iran to use the national currency, including the South Korean currency ‘Won’ to deal and trade between the two countries.

The agreement is important to both countries and shows that South Korea attaches great importance to its relations with Tehran, the Yonhap news agency reported Wednesday. “This agreement allows Korean and Iranian companies to carry out exchanges among themselves in various fields,” she said.

In addition, South Korea announced that Korean companies are able to take advantage of the good opportunities available for the exchange of non-banned goods with Iran, including food and medicine. Yonhap said the two sides agreed to make payments and settle their financial and banking accounts in the Korean national currency “Won”.

A Korean Foreign Ministry team visited Iran a week ago and agreed with Tehran that the financial accounts should be settled through the accounts of the Central Bank of Iran (WB) and the South Korean Industrial Bank (KBK).   LINK