Iran Nuclear Negotiations: Waive Sanctions?

Agreement would offer some sanctions relief if Iran halts and possibly reverses parts of its nuclear program.
5:52 | 11/07/13

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Transcript for Iran Nuclear Negotiations: Waive Sanctions?
Iran and senator corker. Before the measure that would. Far the administration from using its power to waive some of the sanctions. Two in this interim period. You spoke about in western Iran agrees to stop all in Richmond. Activities and comply with all UN resolutions. -- -- does the administration -- -- I don't. Have a specific response to the legislation that you referenced but I would say that no one is suggesting an opening open ended delay. To sanctions. From new sanctions and there may come a point where additional sanctions are necessary. At the same time it is important for congress to reserve its ability to legislate. For the moment when it's most effective and or in order to give our current. To give the current. We are at this point. In large part because the approach that the administration has taken over the past five years. In building in international consensus behind. The premise that. Iran has been the problem. When it comes to Iran's refusal to. -- here to its international obligations. That consensus has allowed us to put in place the most comprehensive. Sanctions regime in history which -- had significant impact on the Iranian economy and and that has come with a great deal of cooperation. With congress and we fully expect to continue that consultation cooperation with congress are. View at this point is that these negotiations represented an opportunity -- to achieve the goal that we. I think share with. Congress and obviously with our allies. And so many others in the international community which is to ensure that Iran cannot obtain and will not obtain a nuclear weapon. We need to pursue that diplomatic opening because it exists and we need two take the steps necessary to. Test that. The theory that -- the new Iranian leadership. And the old Iranian leadership is. Actually interest in abiding by its international obligations. And doing so in a way that is verifiable and meaningful and transparent. If that if that does not come to pass. We will absolutely. Retain. The right. And believe it will be important to terminate any moderate sanctions relief that might take place and to even ratchet up sanctions if necessary. -- Bob in his first democratic chairman of foreign relations committee -- -- he doesn't understand why. Odds -- in this interim period for negotiations. Are Ron couldn't be asked simply to suspend all enrichment activities not roll back not -- the number of centrifuges. But simply suspended and what -- -- saying that's what -- whether you believe in limited -- in practice the White House disagree with senator Menendez. Well I would say that we're not getting into specifics about the negotiations taking place in Geneva as I noted that top. I would say that the first step this phased in approach that we're talking about here. Would have the -- of halting. The Iranian nuclear weapons program. Halting it which means basically all of Richard -- the weapons program and -- Obviously it would it would -- -- all rich it would stop Iran is nuclear program from advancing for the first time in a decade from the success of its stock program. -- trying to stop it from advancing so basically when you talk about. When we make -- he's still -- children I would were freed IAEA and others on on the technical means by which the -- has achieved but I would tell you that. Win win. Our intelligence community and other intelligence communities make assessments about how long. It -- where they are in their program and how long it would take for them to develop. A nuclear weapon. And where they are in the process of in Richmond. Did all that progress would halt and that essentially. By halting the clock and potentially rolling back where they are puts time on the clock to allow for. The pursuit of a more comprehensive agreement. If that can't be achieved. The moderate sanctions relief we're talking about here. Would be reversible. And -- we would -- in a situation where acting with the international community acting with. Congress we could. Koreans reinstate all of the sanctions and consider. Ratcheting up sanctions to -- -- to increase pressure because again it's the approach that we've taken. With regards to sanctions and the international consensus that we built this has gotten us to this point. Tolerate. Reminder of what the exit -- here is because it had. You -- long -- to stop all Richmond. Is that still the -- policy has always been. -- we will prevent Iran from obtaining a nuclear weapon was -- the United States policy is to prevent Iran from. Obtaining a nuclear weapon. Power. Our view is as the president has said with respect to the right of the Iranian people. To access -- nuclear program that we were actually we respect that right. But what justices -- -- -- peaceful nuclear program what the specific nature of that program would be is a matter for discussion and negotiation. So we respect the right ran to have a peaceful nuclear program. We are our policy objective which we share with our allies. And and everyone involved obviously the.

This transcript has been automatically generated and may not be 100% accurate.

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