Transcript for 'Historic' Iran Nuclear Deal Reached
From Switzerland a groundbreaking deal to limit Iran's nuclear program. President Obama at the White House praising the breakthrough but warning Iran must be fully transparent in adhering to oversight. By the international community as it dismantles or destroys its nuclear capabilities. The United States to go there when our allies and partners. As reached historic understanding with a rock. Which if fully implemented. Will prevent it from obtaining a nuclear weapon it will make our country. Our allies and our world safe. Under the deal the final details of which will be negotiated in the coming months until fully implemented Iran will. Give up two thirds of its centrifuges used to make nuclear weapons ceased enriching uranium. And agreed to strict oversight by the international atomic energy agency. For as many as 25 years the for Ron cheeks the world won't know. The IAEA will have regular access to all of Iran's nuclear facilities. In exchange nuclear related sanctions imposed by the US the UN and the European Union. Will be listed upon verification that Iran has done and has promise to be have stopped a site killed. That was knocked India interest of anybody. The result could lead to a financial windfall for Iran. As it re enters the global economy secretary of state John Kerry says there is no sunset. Iran's obligations it will remain a party to the nuclear nonproliferation treaty. Gloria Riviera ABC news Washington.
This transcript has been automatically generated and may not be 100% accurate.