Iran and major world powers reached an unprecedented agreement Thursday to begin steps to limit Iran’s nuclear program in exchange for relief from economic sanctions, the result of a years-long international effort to prevent Tehran from obtaining a nuclear weapon.
President Obama hailed the deal as a “historic understanding” just moments after top diplomatic officials in Lausanne, Switzerland, announced the framework for a final agreement on the future of the Iranian nuclear program.
“It is a good deal,” Obama said Thursday in front of the White House. “If this framework leads to a final comprehensive deal, it will make our country, our allies and our world safer.”
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Iran and six world powers, including the United States, have been negotiating since March 26 on the nuclear program, which Iran insists is peaceful. The six nations want see limits on the program, while Iran in exchange wants punishing economic sanctions to be lifted.
Big day: #EU, P5+1, and #Iran now have parameters to resolve major issues on nuclear program. Back to work soon on a final deal.
— John Kerry (@JohnKerry) April 2, 2015
International monitors will have “unprecedented access” to Iran’s nuclear facilities, Obama said. In exchange for Iran’s cooperation and adherence to a final agreement, the international community will lift some sanctions, the president added.
“If Iran cheats, the world will know it,” said Obama, whose remarks were broadcast live on Iranian state TV. “If we see something suspicious, we will inspect it.”
The deal would cut Iran’s stockpiles of enriched uranium by 98% for 15 years, and it would cut Iran’s installed centrifuges by two-thirds for 10 years, according to Secretary of State John Kerry.
Kerry also said that it would increase Iran’s hypothetical “breakout time” — how long it would take Iran to speed up enrichment and produce enough fissile material for a nuclear bomb — to one year, from the current two to three months.
Negotiators had set a deadline of Tuesday for a framework, but they blew past it and kept talking. They worked through the night into Thursday, taking a break of just a few hours for sleep.








