New, tougher sanctions on Iran and its banking sector appear to be making it difficult for Tehran to carry out international transactions, while forcing ordinary Iranians into activities such as smuggling hard currency out. But India and China are still doing business with Iran.
Source: http://www.npr.org/2012/03/15/148617725/iranians-feel-the-bite-of-tougher-sanctions?ft=1&f=1004
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