South Korean Trade Ministry pointed out Saturday that the country cannot distance itself from Iran market more than this after the removal of sanctions.
Statistics indicate that South Korean commercial exchanges with Iran amounted to $6.1 billion in 2015.
Meanwhile, South Korea's deputy trade minister, Woo Tae-hee called on those involved in the country's commercial and economic affairs to use commercial chances in Iran, according to Yonhap.
'Following removal of anti-Iran sanctions, we should seek broaden cooperation with Tehran and find ways for boosting economic relations with Iran,' he said, addressing Seminar on Commercial Opportunities in Iran.
South Korea is one of the countries which are trying to promote ties with Iran and link its companies with infrastructural projects in the country.
Seoul announced interest in economic cooperation with Tehran and the country's Finance Ministry said in a statement late in April it lifted all restrictions in a bid to encourage South Korean firms to exercise major presence in the Iranian market.