"It is no secret that the South and East Asian economies have chafed under the multi-layered sanctions adopted by the United States, European Union and United Nations Security council against Iran for its civilian nuclear activities.
Many in the West see Iran’s nuclear efforts as masking a covert weapons program, which Tehran has stoutly denied.
For the moment India, Korea, Malaysia, South Africa, Sri Lanka, Turkey and Taiwan have dodged the penalties accruing from violating U.S. sanctions, as in June 2012, the Obama administration granted exemptions based on reductions of oil purchases from Iran of about 20 percent."
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