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Obama administration clears India, Turkey of Iran sanctions
U.S. says that after significantly reducing oil
purchases from Iran, seven additional countries will be dismissed of
the financial sanctions.
Jun.11, 2012 | 10:47 PM
The United States will exempt India, South
Korea, Turkey and four other countries from financial sanctions because
they have significantly cut purchases of Iranian oil, Secretary of
State Hillary Clinton said on Monday.
Clinton said exemptions would also be granted to Malaysia, South
Africa, Sri Lanka and Taiwan, which join Japan and a number of European
countries already on the list of those exempted from the U.S. sanctions.
"Today's announcement underscores the success of our sanctions
implementation. By reducing Iran's oil sales, we are sending a decisive
message to Iran's leaders: until they take concrete actions to satisfy
the concerns of the international community, they will continue to face
increasing isolation and pressure," Clinton said in a statement.