U.S. extends waivers on Iran sanctions to China, others
The United States has granted 180-day waivers on anti-Tehran
sanctions to China, India, and a number of other countries in
exchange for their reduction of oil purchases from Iran, RIA
Novosti reported.
President Barack Obama's administration has now renewed waivers for
all 20 of Iran's major oil buyers, after granting them to Japan and
10 European Union countries in September.
The December 7 waivers represented the second renewal for all 20
after Obama signed the sanctions into law a year ago.
The sanctions aim to choke off funding to Iran's nuclear program,
which the West suspects is enriching uranium to levels that could
be used in weapons.
Tehran says its nuclear program is for civilian purposes.
The United Nations' nuclear watchdog, the International Atomic
Energy Agency (IAEA), has accused Tehran of covert weapons
development.
The UN Security Council has approved four rounds of targeted
sanctions to deter Iran from sensitive nuclear work.
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