Iran Nuclear Deal Tentatively Reached

An interim nuclear agreement was reached after eight days of negotiations in Switzerland between six world powers and Iran.
2:47 | 04/02/15

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Transcript for Iran Nuclear Deal Tentatively Reached
This is an ABC news. Now reported. George Stephanopoulos. Good afternoon coming and they are right now because a tentative deal to address Iran's nuclear program has been reached its Woodson can the United States Iran. And five other nations right now it's just been announced by the foreign minister of the European Union battery commodity. And she said that the agreement is it has been to reach the parameters of solutions. And that a final deal will now be drafted that was preceded by a tweet. From the secretary of state John Kerry who says this is a big day. UP 51 in Iran have parameters to resolve major issues on the nuclear program back to work soon on a final deal also the president of Iran. Some honey. Has also issued a tweet. Saying that they have three solutions on these key parameters. On the Iran nuclear program it will also address the lifting of sanctions on Iran as well I wanna go to. ABC's chief foreign correspondent Terry Moran has been covering of the negotiations in laws on Terry what do you know. Well George both sides are describing as is a win win as they naturally ward after having missed a couple of deadlines but they key here. Is why did Iran really want in this negotiation they wanted the sanctions lifted. Right away and what the EU. Care just said was that is going to happen what the US really want strict limits on Iran's ability to turn its. Nuclear programs into weapons. And that is going to be the source of debate what you see in this agreement so far is that the US and allies did succeed. In limiting Iran's nuclear programs in several key ways. But it will be an open question to see if it satisfies the many skeptics the critics of these talks conservatives in Washington. And of course prime minister Netanyahu in Israel. What we can expect to hear from the United States is that this is the best way to a buying Iran's nuclear programs making sure they don't go. Into weapons. Primarily with very tough inspections reductions of those programs and a ten year limit on this deal that is essential we're gonna hear. That's all we hear from secretary Kerry present Obama also expected to address this later today you mentioned. The Israeli prime minister Benjamin Netanyahu he's already tweeted on this as well he said that any deal must significantly roll back. Iran's nuclear capabilities and stop its terrorism. And aggression so the question will be did this deal simply freeze Iran's program or roll it back as we said we expect to hear from secretary Kerry soon. Also the president we will be back when President Obama speaks until then this is drugged her Stephanopoulos in New York have a good day. This has been a special room. From ABC.

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

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