Secretary of State Hillary Rodham Clinton also granted waivers to India, South Korea, Turkey, Taiwan, Malaysia and South Africa meaning that banks and other financial institutions based there won’t be hit with penalties under U.S. law for a renewable 180-day period.
European nations and Japan wean themselves from Iranian petroleum.
Clinton said in a statement that the exemptions are proof that sanctions aimed at pressuring Iran to come clean about its nuclear program are working. |