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Jul 28, 2015
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iran would be a mistake. even if one believed that extending sanctions pressure was a better course than resolving threat of iran's nuclear program, that choice is simply not available. our partners agree to impose costly sanctions on iran for one reason, to put a stop to its nuclear program. if we insist that these countries now escalate those sanctions, and apply them to all of iran's objectionable activities, they would balk. and we would be left with neither a nuclear deal nor existing sanctions. it is impractical after turning down a deal or partners think is a good one. phased relief after iran fulfills its commitment to roll back its nuclear program, and a snap back of sanctions blocks iran's path to a nuclear bomb. it should not be put at risk when the prospect of on unrestrained nuclear program presents such a threat to the united states and the world. thank you. >> thank you. to get back to a point that was made as i read it the 24-day suspect site process does expire in 15 years. the iaea additional protocol alone, wouldn't deter iran based on our past experience with their non-compliance with the iaea.
iran would be a mistake. even if one believed that extending sanctions pressure was a better course than resolving threat of iran's nuclear program, that choice is simply not available. our partners agree to impose costly sanctions on iran for one reason, to put a stop to its nuclear program. if we insist that these countries now escalate those sanctions, and apply them to all of iran's objectionable activities, they would balk. and we would be left with neither a nuclear deal nor existing...
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Jul 22, 2015
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for years sanctions on iran over its controversial programme have taken its toll. done little to curb nuclear ambitions. it took banking sanctions, booting iran out of the international financial system to get the iranians to the negotiating table. >> when i came to iran, i had to bring all the cash i need. my credit cards won't work here. in 2012, iran was pulled off the swift system, the society for worldwide interbank transactions, a society of 9,000 banks in most of the world's countries allowing for global trade for the transfer of money. because it's off the swift system, iran, iranian banks and people can't move money electronically around the world. not all trade with iran is prohibited under sanctions. imports of food and drugs are still allowed, but the inability to wire money to pay for them effectively cuts iranians off from medicine. >> for our day to day, there was not major problem. for example, children who didn't come, who have major problems. >> it's hard to see the effects of sanctions up front. iran's shops and biz areas, shells are full of goods
for years sanctions on iran over its controversial programme have taken its toll. done little to curb nuclear ambitions. it took banking sanctions, booting iran out of the international financial system to get the iranians to the negotiating table. >> when i came to iran, i had to bring all the cash i need. my credit cards won't work here. in 2012, iran was pulled off the swift system, the society for worldwide interbank transactions, a society of 9,000 banks in most of the world's...
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Jul 20, 2015
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for years sanctions on iran over its controversial programme have taken its toll. ittle to curb nuclear ambitions. it took banking sanctions, booting iran out of the international financial system to get the iranians to the negotiating table. >> when i came to iran, i had to bring all the cash i need. my credit cards won't work here. in 2012, iran was pulled off the swift system, the society for worldwide interbank transactions, a society of 9,000 banks in most of the world's countries allowing for global trade for the transfer of money. because it's off the swift system, iran, iranian banks and people can't move money electronically around the world. not all trade with iran is prohibited under sanctions. imports of food and drugs are still allowed, but the inability to wire money to pay for them effectively cuts iranians off from medicine. >> for our day to day, there was not major problem. for example, children who didn't come, who have major problems. >> it's hard to see the effects of sanctions up front. iran's shops and biz areas, shells are full of goods for s
for years sanctions on iran over its controversial programme have taken its toll. ittle to curb nuclear ambitions. it took banking sanctions, booting iran out of the international financial system to get the iranians to the negotiating table. >> when i came to iran, i had to bring all the cash i need. my credit cards won't work here. in 2012, iran was pulled off the swift system, the society for worldwide interbank transactions, a society of 9,000 banks in most of the world's countries...
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Jul 20, 2015
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for years sanctions on iran over its controversial programme have taken its toll. done little to curb nuclear ambitions. it took banking sanctions booting iran out of the international financial system to get the iranians to the negotiating table. >> when i came to iran, i had to bring all the cash i need. my credit cards won't work here. in 2012, iran was pulled off the swift system the society for worldwide interbank transactions, a society of 9,000 banks in most of the world's countries allowing for global trade for the transfer of money. because it's off the swift system, iran iranian banks and people can't move money electronically around the world. not all trade with iran is prohibited under sanctions. imports of food and drugs are still allowed, but the inability to wire money to pay for them effectively cuts iranians off from importing necessities like medicine. >> for our day to day, there was not major problem. for example, children who didn't come who have major problems. >> it's hard to see the effects of sanctions up front. iran's shops and biz areas, s
for years sanctions on iran over its controversial programme have taken its toll. done little to curb nuclear ambitions. it took banking sanctions booting iran out of the international financial system to get the iranians to the negotiating table. >> when i came to iran, i had to bring all the cash i need. my credit cards won't work here. in 2012, iran was pulled off the swift system the society for worldwide interbank transactions, a society of 9,000 banks in most of the world's...
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iran must complete key nuclear steps before it begins to receive new sanctions relief. and over the course of the next decade iran must abide by the deal before additional sanctions are lifted including five years for restrictions related to arms and eight years for restrictions related to ballistic missiles. all of this will be memorialized and endorsed in a new united nations security council resolution. and if iran violates the deal all these sanctions will snap back into place, so there's a very clear incentive for iran to follow through and there are very real consequences for a violation. that's the deal. it has the full backing of the international community. congress will now have an opportunity to review the details and my administration stands ready to provide extensive briefings on how this will move forward. as the american people and congress review the deal it will be important to consider the alternative. consider what happens in a world without this deal. without this deal there is no scenario where the world joins us in sanctioning iran until it complete
iran must complete key nuclear steps before it begins to receive new sanctions relief. and over the course of the next decade iran must abide by the deal before additional sanctions are lifted including five years for restrictions related to arms and eight years for restrictions related to ballistic missiles. all of this will be memorialized and endorsed in a new united nations security council resolution. and if iran violates the deal all these sanctions will snap back into place, so there's a...
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sanctions, tough sanctions against iran if they vote disapproval and if for some reason the veto is notr ridden that means the president couldn't lift sanctions on iran the white house will do everything it can to make sure that is not the outcome. >> it would seem the obama administration will have votes to obtain the presidential veto depends on what they will do. >> some democrats are calling this deal historic and diane feinstein says she believes it will stand the test of time and nancy pelosi says it will stand the test of time and he will have support on democrat side but some democrats are also voicing concern so we will have to see. i think the vetting is the president will ultimately walk away with a deal and walk away with the ability to relieve the sanctions on iran. >> lisa stark reporting live from the white house in israel the closest ally in the middle east and who they vowed to destroy reaction has been harsh and benjamin netanyahu called it a mistake of high proportions and anxiety over iran are growing and we report. >> reporter: hours before iran's nuclear deal with
sanctions, tough sanctions against iran if they vote disapproval and if for some reason the veto is notr ridden that means the president couldn't lift sanctions on iran the white house will do everything it can to make sure that is not the outcome. >> it would seem the obama administration will have votes to obtain the presidential veto depends on what they will do. >> some democrats are calling this deal historic and diane feinstein says she believes it will stand the test of time...
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the pain of sanctions is being felt across iran's major export industries like oil and autos. t sanctions also hit iranian consumers who must also contended with hyperinflation that's devalued iran's currency to a third of its value in 2010. >> iranian leaders have decided to make a deal. they have decided to more or less close down iran's nuclear program which they spent a lot of money on, people about died for it. in return, what they want is lifting of sanctions. >> in the end the forced belt tightening by iran's businesses and workers, have prioritized over preserving iran's owner nuclear capacity. a iranian who spent more than 40 years in the united states, to promote understanding and dialogue. no deal yet. >> no deal. >> you think there's going to be one? >> not tonight. there will be one. >> at this point it's been 17 days they've been sitting around. for some reason, kerry and the european negotiator and zarif are just not leaving. >> that's right. that's why they are expecting a deal at some point. i think at the last minute, it has been a case in the last two years,
the pain of sanctions is being felt across iran's major export industries like oil and autos. t sanctions also hit iranian consumers who must also contended with hyperinflation that's devalued iran's currency to a third of its value in 2010. >> iranian leaders have decided to make a deal. they have decided to more or less close down iran's nuclear program which they spent a lot of money on, people about died for it. in return, what they want is lifting of sanctions. >> in the end...
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because of iran's nuclear program, both america's own sanctions and sanctions imposed by the united nations security council. this relief will be phased in. iran must complete key nuclear steps before it begins to receive new sanctions relief and over the course of the next decade iran must abide by the deal before additional sanctions are lifted including five years for restrictions related to arms and eight years for restrictions related to ballistic missiles and all of this will be memorialized and endorsed in a new security and if they violate the deal all sanctions will snap back into place so there is a clear incentive for iran to follow through and there are very real consequences for a violation. that's the deal. it has the full backing of the international community. congress will now have an opportunity to review the details and my administration is ready to provide extensive briefings on how this will move forward. as the american people and congress review the deal it will be important to consider the alternative, consider what happens in a world without this deal, withou
because of iran's nuclear program, both america's own sanctions and sanctions imposed by the united nations security council. this relief will be phased in. iran must complete key nuclear steps before it begins to receive new sanctions relief and over the course of the next decade iran must abide by the deal before additional sanctions are lifted including five years for restrictions related to arms and eight years for restrictions related to ballistic missiles and all of this will be...
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on iran's sanctions obviously a major issue for iran's economy and hearing sanctions on the country's bank the national iran oil company and shipping lines and many other institutions will be lifted under this deal that was expected, this coming from iran state news agency and saying billions of dollars in iran's frozen assets to be released under this deal with the powers other details coming up, which we are hoping to hear as well but lots of reaction to come on this not the least of which is likely to be from washington where we will go live to now and allen fisher is standing by there and it's still in the early hours of the morning there allen and many people waking up to this news what are lawmakers likely to be saying about this? >> it's hard to make a sweeping statement and many republicans are against this deal and said they are against the deal and scott walker became the latest candidate for the nomination and said when he was running for president 12 hours ago and at the state house if elected he would kill the deal and the problem with barack ob
on iran's sanctions obviously a major issue for iran's economy and hearing sanctions on the country's bank the national iran oil company and shipping lines and many other institutions will be lifted under this deal that was expected, this coming from iran state news agency and saying billions of dollars in iran's frozen assets to be released under this deal with the powers other details coming up, which we are hoping to hear as well but lots of reaction to come on this not the least of which is...
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Jul 29, 2015
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and international sanctions on iran constitutes the most effective sanctions regime in history. these measures have clearly demonstrated to iran's leaders the cost of flouting international law, cutting them off from world markets and crippling their economy. today iran's economy is about 20% smaller than it would have been had it remained on it pre 2012 growth path. united states government stood the forefront of this effort across two administrations and with the bipartisan support of dock. congress. we created a web to --. international consensus and cooperation to achieve this pressure was vital. the world's major powers have been and remain united in preventing a nuclear armed iran. that the point of these sanctions was always to change iran's nuclear behavior while holding out the prospect of relief if the world's concerns were addressed. accordingly, once the iaea verifies iran has completed key steps to roll back the nuclear program and extend the breakout time to at least one year, phased sanctions relief will come into effect. there's no signing bonus in this agreement.
and international sanctions on iran constitutes the most effective sanctions regime in history. these measures have clearly demonstrated to iran's leaders the cost of flouting international law, cutting them off from world markets and crippling their economy. today iran's economy is about 20% smaller than it would have been had it remained on it pre 2012 growth path. united states government stood the forefront of this effort across two administrations and with the bipartisan support of dock....
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Jul 24, 2015
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and it does not provide iran any relief from u.s. sanctions under any of those authorities or other authorities mind you. i'll go through some of those other authorities. what we have committed to do is quite specific. iran was fearful that having witnessed the desire within the congress for more sanctions that even if we cut an agreement you folks might just turn around the day after and say, too bad. we're coming back with all the same sanctions and then the president is in veto status or override status or whatever. what they really wanted was a clarity that we're not going to reimpose the specific nuclear related sanction provisions as specified in annex two to this contingent on them abiding by the commitments of the agreement. so it's really simply a clarification to them that we're not going to come back and just slap them on again. but that absolutely does not mean we are precluded from sanctioning iranian actors, sectors, or any actions if circumstances warrant. so all of our other sanctions authorities remain in place unaffected by t
and it does not provide iran any relief from u.s. sanctions under any of those authorities or other authorities mind you. i'll go through some of those other authorities. what we have committed to do is quite specific. iran was fearful that having witnessed the desire within the congress for more sanctions that even if we cut an agreement you folks might just turn around the day after and say, too bad. we're coming back with all the same sanctions and then the president is in veto status or...
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secretary, has iran earned the right to be trusted? this deal guts the sanctions that is putting intense pressure on iran. virtually all sanctions disappear, and where does all of that money go? to the largest terror network on earth. gone are the sanctions on iran's nuclear program, but also on the bad banks that have supported iran's terrorism and ballistic missile development. and to our dismay iran won a late concession to remove international restrictions on its ballistic missile program and convention alarms impairing the security of the region and our homeland. if this agreement goes through, iran gets a cash bah that sa a boost to its international standing and a lighted path towards nuclear weapons, with sweeping sanctions relief we have lessoned our ability to challenge iran's conduct across the board, as iran grows stronger, we will be weaker to respond. yes, the u.s. would royal the diplomatic waters if congress rejects this deal but the u.s. still wields the most powerful sanctions in the world. sanctions iran desperately needs relief from. i understa
secretary, has iran earned the right to be trusted? this deal guts the sanctions that is putting intense pressure on iran. virtually all sanctions disappear, and where does all of that money go? to the largest terror network on earth. gone are the sanctions on iran's nuclear program, but also on the bad banks that have supported iran's terrorism and ballistic missile development. and to our dismay iran won a late concession to remove international restrictions on its ballistic missile program...
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the sanctions have crippled iran. if we ratchet them up, and get our allies to ratchet those sanctions up, you can bring iran to its knees where it cannot financially function. that's how to do it -- >> let me just tell you, i suggest -- i really suggest very respectfully that you spend some time with the intel community. ask the people who have spent a closely whether or not they agree with your judgment that an increase in sanctions will in fact bring iran to its knees. they do not -- they do not believe there is a capitulation theory here. and you will not sanction iran out of its commitment to what it has a right to. iran is an npt country. there are 189 of them. >> and we have a right to protect the american citizens from this disaster, this country having nuclear power. sanctions have worked. are you going to retract any statements made by secretary lew and anyone else who has said it would cripple them, it would take them years to get servicing again. >> if you're going to quote me, let me speak for myself. >> i
the sanctions have crippled iran. if we ratchet them up, and get our allies to ratchet those sanctions up, you can bring iran to its knees where it cannot financially function. that's how to do it -- >> let me just tell you, i suggest -- i really suggest very respectfully that you spend some time with the intel community. ask the people who have spent a closely whether or not they agree with your judgment that an increase in sanctions will in fact bring iran to its knees. they do not --...
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the sanctions have crippled iran. if we ratchet them up and get our allies to ratchet those sanctions up you can bring iran to its knees where it cannot financially function. that is how to do it because it proves that it can be done. >> let me just tell you -- >> please. >> i suggest you go spend some time with the intel community and ask the people who have spent a lifetime following iran very closely, whether or not they agree with your judgment that an increase in sanctions will in fact bring iran to its knee. they do not believe there is a capitulation theory here and you will not sanctions iran out of its commitment to what it has a right to. it is an npt country. there are 189 of them. >> and we have a right to protect the american citizens from this disaster of this country have nuclear power. sanctions have worked. are you going to retract the sanctions made by secretary lieu or anyone else who has said it has crippled them. >> congressman if you are going to quote me, let me speak for myself. >> i quoted what
the sanctions have crippled iran. if we ratchet them up and get our allies to ratchet those sanctions up you can bring iran to its knees where it cannot financially function. that is how to do it because it proves that it can be done. >> let me just tell you -- >> please. >> i suggest you go spend some time with the intel community and ask the people who have spent a lifetime following iran very closely, whether or not they agree with your judgment that an increase in...
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that iran desperately needs relief from. sanctions that continue to deter companies from investing in iran. i understand the stakes but these are about as high stakes as it gets. so the committee must ask if we made the most of our pretty strong hand. or are we willing to bet, as the administration has that this is the beginning of a changed iran? these are complex issues. and i look forward to what should be an extremely informative hearing and i nowturn to the ranking member. >> mr. chairman, thank you for convening this hearing. secretary kerry, secretary lew. secretary moniz, welcome to the foreign affairs committee. thank you all for your dedicated service no matter what side of the irkssue is on i don't think anyone here doubts your commitment to the united states and the good intentions on this deal. thank you for the time you have taken to engage with members of congress on the proposed deal can and thank you for your testimony today. congress gave itself 60 days to renew this deal. and i sincerely hope my colleagues take full
that iran desperately needs relief from. sanctions that continue to deter companies from investing in iran. i understand the stakes but these are about as high stakes as it gets. so the committee must ask if we made the most of our pretty strong hand. or are we willing to bet, as the administration has that this is the beginning of a changed iran? these are complex issues. and i look forward to what should be an extremely informative hearing and i nowturn to the ranking member. >> mr....
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sanctions and then the individual countries that have sanctioned iran. the individual country sanctions can be put back immediately at any point, and there are triggers for the u.n. sanctions. the u.n. sanctions are tied to the international atomic energy agency, so the minute they say hey, something's wrong the u.n. sanctions can come back. there was a separate deal that was signed before this one was signed this morning between iran and the i.a.e.a. the condition of signing this deal was that got done first. it's a very technical deal. you can see some of the stuff is highly highly technical. it is -- this is up a congress to debate whether this is as safe as john kerry says it is, but i certainly makes the case. >> president obama pointed out that there's always the option for going to war but this is intended to reduce that possibility. morgan. >> thanks so much for being with us. president obama also made it very clear that this was the deal this was the best deal they were going to get and that this is not the type of deem that comes from someone's
sanctions and then the individual countries that have sanctioned iran. the individual country sanctions can be put back immediately at any point, and there are triggers for the u.n. sanctions. the u.n. sanctions are tied to the international atomic energy agency, so the minute they say hey, something's wrong the u.n. sanctions can come back. there was a separate deal that was signed before this one was signed this morning between iran and the i.a.e.a. the condition of signing this deal was that...
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iran to the table. until 2012 there was sanctions. >> one of the things that the administration did was hit iran with sanctions. if rain can export a million a dale. someone had to oversee that. >> the iranian economy shrunk, and it was deeply impacted. the sanctions were better than any before. remember in 2005, we were sitting in iranians, negotiating the deal. we walked out saying we don't want to deal with them. at that time iran had 64 septemberry fumes. today, after all the sanctions, they have about 19,500 centrifuges. so the sanctions worked against the iranian people. >> right. it didn't work against the nuclear programme and the regime. iraq expanded under sanctions, to iraq and yemen. more in damascus or the syrian regime. to many different places around the middle east. >> you are saying this is the option. >> this is an important option. however, the important work has to start now. >> what does that start with, diplomacy, we don't have diplomatic relations with iran, they don't have it with us. >> it starts with something, garmenting that there's a verification process going on. we have to verify
iran to the table. until 2012 there was sanctions. >> one of the things that the administration did was hit iran with sanctions. if rain can export a million a dale. someone had to oversee that. >> the iranian economy shrunk, and it was deeply impacted. the sanctions were better than any before. remember in 2005, we were sitting in iranians, negotiating the deal. we walked out saying we don't want to deal with them. at that time iran had 64 septemberry fumes. today, after all the...
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you this, you had alluded to in previous questioning about the ability that if iran cheats we can snap back the sanctions. it says that iran states if -- iran will see that as ground to cease its agreement the so if you have a situation where iran is doing cheating, and then there's a movement to have those sanctions imposed iran, it will walk away from its commitments. it is structured in a way to allow them to get away with small violations to impose the sanctions would be to blow up the deal. >> congressman, with all respect, it's a misread of the paragraph, and misread of what we have here of the paragraph was requested which iran because they were afraid, and congress were talking about more sanctions and they said, what guarantee to do we have that congress isn't going to pass more sanctions. and excuse me, more, just take the sanctions and bring this back. >>> so that paragraph merely says that we are not going to re-agree re-impose the same sanction and put them back. it is it not prevent them from bringing any other sanctions for other things. sanctions language also says, in whole or in part. s
you this, you had alluded to in previous questioning about the ability that if iran cheats we can snap back the sanctions. it says that iran states if -- iran will see that as ground to cease its agreement the so if you have a situation where iran is doing cheating, and then there's a movement to have those sanctions imposed iran, it will walk away from its commitments. it is structured in a way to allow them to get away with small violations to impose the sanctions would be to blow up the...
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sanctions. only if iran fulfills the sanctions, sanctions that target third-country parties doing business with iran. we must guard against the possibility iran does not hold up its side of the deal so if iran violates the commitments once we suspended the sanctions we can snap back both u.n. and u.s. sanctions. since preventing the snapback requires an affirmative vote from the u.n. security council united states has the ability to reinforce the sanctions. our primary u.s. trade embargo, with very limited exceptions iran will continue to be denied access to the largest market and maintain powerful sanctions targeting iran's support for terrorists groups such as hezbollah, and its missile program and its human rights abuses at home. just this week, treasury sanctions hezbollah leaders building on designations last month targeting the facilitators. some argue that sanctions relief is premature until iran ceases these activities and i understand the concerns, but iran's ties to terrorists groups are exactly wh
sanctions. only if iran fulfills the sanctions, sanctions that target third-country parties doing business with iran. we must guard against the possibility iran does not hold up its side of the deal so if iran violates the commitments once we suspended the sanctions we can snap back both u.n. and u.s. sanctions. since preventing the snapback requires an affirmative vote from the u.n. security council united states has the ability to reinforce the sanctions. our primary u.s. trade embargo, with...
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and international sanctions on iran constitutes the most effective sanctions regime in history. these measures have clearly demonstrated to iran's leaders the cost of flouting international law, cutting them off from the world's market and crippling their economy. today, the iranian economy is about 20% smaller than it would have been had it remained on a pre-2012 growth project. -- and with bipartisan support in congress and of this committee. together, we established a web of far-reaching u.s. and international sanctions that ultimately persuaded iran's leadership after years of entrenched in -- entrenching to come back to the table. international consensus and cooperation to achieve this is vital. the world's major powers have been and remain united in preventing a nuclear armed iran. that unity of purpose produced four top council resolutions and national level sanctions and many countries and assured adherence to u.s. actions by countries around the world. the point of the sanctions was to change iran's nuclear behavior. while holding up the prospect of release if the world'
and international sanctions on iran constitutes the most effective sanctions regime in history. these measures have clearly demonstrated to iran's leaders the cost of flouting international law, cutting them off from the world's market and crippling their economy. today, the iranian economy is about 20% smaller than it would have been had it remained on a pre-2012 growth project. -- and with bipartisan support in congress and of this committee. together, we established a web of far-reaching...
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on iran and those sanctions will return if iran breakshe agreement. >> bill plante is at the white house this morning as we await for the president to special' nancy cordes is get reaction on capitol hill but first to margaret brennan in vienna who is covering the final round of negotiations. margaret good morning. >> reporter: good morning. this deal was reached around 3:00 a.m. vienna time in private meetings between secretary of state john kerry and iran's top diplomats sharif. u.s. officials tell us iran has explicitly agreed nod to try to build a nuclear weapon war head. they will be on the ground to look into some of those facilities and they won't get automatic access to military installations but u.s. officials say they can get into suspicious ones. in exchange for all of this iran will get access to about $100 billion of its frozen assets and eventually will be able to sell oil into the international markets and open up its economy that has been so choked off the rest of the world from greece in years. of course none of this happ
on iran and those sanctions will return if iran breakshe agreement. >> bill plante is at the white house this morning as we await for the president to special' nancy cordes is get reaction on capitol hill but first to margaret brennan in vienna who is covering the final round of negotiations. margaret good morning. >> reporter: good morning. this deal was reached around 3:00 a.m. vienna time in private meetings between secretary of state john kerry and iran's top diplomats sharif....
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sanctions. only if iran fulfills the sanctions, sanctions that target third-country parties doing business with iran. we must guard against the possibility iran does not hold up its side of the deal so if iran violates the commitments once we suspended the sanctions we can snap back both u.n. and u.s. sanctions. since preventing the snapback requires an affirmative vote from the u.n. security council united states has the ability to reinforce the sanctions. our primary u.s. trade embargo, with very limited exceptions iran will continue to be denied access to the largest market and maintain powerful sanctions targeting iran's support for terrorists groups such as hezbollah, and its missile program and its human rights abuses at home. just this week, treasury sanctions hezbollah leaders building on designations last month targeting the facilitators. some argue that sanctions relief is premature until iran ceases these activities and i understand the concerns, but iran's ties to terrorists groups are exactly wh
sanctions. only if iran fulfills the sanctions, sanctions that target third-country parties doing business with iran. we must guard against the possibility iran does not hold up its side of the deal so if iran violates the commitments once we suspended the sanctions we can snap back both u.n. and u.s. sanctions. since preventing the snapback requires an affirmative vote from the u.n. security council united states has the ability to reinforce the sanctions. our primary u.s. trade embargo, with...
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that iran desperately needs relief from. sanctions that continue to deter companies from investing in iran. i understand the stakes but these are about as high stakes as it gets. so the committee must ask if we made the most of our pretty strong hand. or are we willing to bet, as the administration has that this is the beginning of a changed iran? these are complex issues. and i look forward to what should be an extremely informative hearing and i nowturn to the ranking member. >> mr. chairman, thank you for convening this hearing. secretary kerry, secretary lew. secretary moniz, welcome to the foreign affairs committee. thank you all for your dedicated service no matter what side of the irkssue is on i don't think anyone here doubts your commitment to the united states and the good intentions on this deal. thank you for the time you have taken to engage with members of congress on the proposed deal can and thank you for your testimony today. congress gave itself 60 days to renew this deal. and i sincerely hope my colleagues take full
that iran desperately needs relief from. sanctions that continue to deter companies from investing in iran. i understand the stakes but these are about as high stakes as it gets. so the committee must ask if we made the most of our pretty strong hand. or are we willing to bet, as the administration has that this is the beginning of a changed iran? these are complex issues. and i look forward to what should be an extremely informative hearing and i nowturn to the ranking member. >> mr....
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sanctions that are being alleviated. most of us have felt that if for some other reason iran was out of order, we could reapply those sanctions against terrorism, human rights, other activities. debate here's a major over that could happen. as a matter of fact iran has said it couldn't. i also say that our partners in told me ery strongly the same thing. recently they had been backing off of that a little bit. i don't know exactly where that stands. those statements, the agreement itself, and the lack of clarity from our administration have left senators with unresolved vest. -- questions. those include questions about the efficacy of u.s. secondary sanction it is congress disapproves the deal, very important factor for us to be considering. there are also remaining questions about whether or not the u.s. can reimpose sanctions lifted in the agreement should we need to use them for terrorism purposes. although i'm very honestly surprised to say but there are remaining questions about whether or not extending the iran sanctions act would constitute a violation of the agreement, as i mentioned earlier. i see no reason why simpl
sanctions that are being alleviated. most of us have felt that if for some other reason iran was out of order, we could reapply those sanctions against terrorism, human rights, other activities. debate here's a major over that could happen. as a matter of fact iran has said it couldn't. i also say that our partners in told me ery strongly the same thing. recently they had been backing off of that a little bit. i don't know exactly where that stands. those statements, the agreement itself, and...
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iran nuclear deal. the members of the council along with germany have agreed to lift economic sanctions against iran. in exchange tehran has vowed to curb it's nuclear program. james bays is at the u.n. headquarters in new york, and james, we've been hearing a bit more about how this deal is going to work, but the wording of this resolution, one of the many sticking points debated long into the night in vienna. >> yes, one week ago i was in vienna. that was in the last day of negotiations before they came up with the deal. and this deal, which includes lots and lots of different elements to it. the bit causing controversy in the end was this very resolution and the exact wording that an hour ago was voted into binding international law by members of the security council. there are controversial bits about this that i'm sure we're going to hear other nations talk about, and i'm sure we're going to hear reaction from those in washington particularly on capitol hill who will respond to this vote. particularly the details of iran's arms embargo and ballistic missiles because originally the u.s. said the
iran nuclear deal. the members of the council along with germany have agreed to lift economic sanctions against iran. in exchange tehran has vowed to curb it's nuclear program. james bays is at the u.n. headquarters in new york, and james, we've been hearing a bit more about how this deal is going to work, but the wording of this resolution, one of the many sticking points debated long into the night in vienna. >> yes, one week ago i was in vienna. that was in the last day of negotiations...
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we must always understand what sanctions relief will really mean to iran. iron's $100 billion in restricted foreign reserves which many fear will be directed for nefarious services constitute's the country's savings. after sanctions relief we estimate they will only be able to access about half of these reserves. because $20 billion is committed to projects with china, and 10s of billions are non-performing loans to iran's energy and banking sector. iran can't simply spend the using resources as they will be likely needed for financing of imports. the president was elected on a platform of economic restoration. he faces over half a trillion dollars in pressing investment requirements and government obligations. iran is in massive economic hole from which it will take years to climb out. meanwhile we will aggressively target any funds used to fund hezbollah and others. backing away from this deal to escalate the economic pressure and try to obtain a broader capitulation from iran would be a mistake. even if one believed that it was a better course, that choic
we must always understand what sanctions relief will really mean to iran. iron's $100 billion in restricted foreign reserves which many fear will be directed for nefarious services constitute's the country's savings. after sanctions relief we estimate they will only be able to access about half of these reserves. because $20 billion is committed to projects with china, and 10s of billions are non-performing loans to iran's energy and banking sector. iran can't simply spend the using resources...
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without this deal there is no scenario where the world joins us in sanctioning iran until it completely dismantles the nuclear program. nothing we know about the iranian government could capitulate under the pressure and the world would not support iran into submission. we put sanctions in place to get a diplomatic solution. that is what we have done. without this deal, no agreed upon limitations with the iran nuclear program. they can produce, operate and test more and more centrifuges. they could fuel plutonium for a bomb and we would not have the inspections that allow us to detect a nuclear weapons program. in other words, no deal means no lasting constraints on iran's nuclear program. such a scenario would make it more likely that other countries in the region would feel compels to have their own nuclear programs. it would prevent the united states with fewer and less effective options to prevent iran from obtaining a nuclear weapon. i have been commander in chief six years now. it's the greatest decision any president has to make. many times, in multiple countries, i have decided
without this deal there is no scenario where the world joins us in sanctioning iran until it completely dismantles the nuclear program. nothing we know about the iranian government could capitulate under the pressure and the world would not support iran into submission. we put sanctions in place to get a diplomatic solution. that is what we have done. without this deal, no agreed upon limitations with the iran nuclear program. they can produce, operate and test more and more centrifuges. they...
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amid the sanctions. iran's influence grew. is the main shi'a power broker in the middle east is backing the rebel houthis pushing the president into exile, drawing support through the saudi-led coalition. saudi arabia is iran's primary rival in the region, a critic of a nuclear deal. iran extended its reach in iraq. it is i'm training fighters in the battle against i.s.i.l. in syria it's propping up the government with money, weapons and manpower. iran's allies in lebanon the shia armed group in hezbollah sent fighters to the syrian front line. the political analyst says if saudi arabia and the gulf cooperation council continue to take a stance, the incident of iran's influence could be contained. >> it will vastly expand in economic fields, technological fields. the iranians were advanced. social and cultural, tourism and education. and the back of that you'll get a strong political new relationship. >> now that the u.s. and iran reached a detente after years of being enemies, iran's pposition is expected to shift in the midd
amid the sanctions. iran's influence grew. is the main shi'a power broker in the middle east is backing the rebel houthis pushing the president into exile, drawing support through the saudi-led coalition. saudi arabia is iran's primary rival in the region, a critic of a nuclear deal. iran extended its reach in iraq. it is i'm training fighters in the battle against i.s.i.l. in syria it's propping up the government with money, weapons and manpower. iran's allies in lebanon the shia armed group...
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united states will retain its ability to impose sanctions on those trading with iran as well as with respect to ballistic missiles even after u.n. restrictions lapse. united states can traverse snapback of existing sanctions or even one jcpoa produce a bank can trigger it a review and a vote to continue with relief. u.s. veto power gives us the ultimate freehand to impose sanctions and snapback can be less draconian to deal with lesser violations as as secretary violations as secretary for test drive. this with political cost. many skeptics will point to these causes many know such snapback would be triggered by an international to u.s. actions will always depend on the context. if the rest of her days as credible the site -- chances for success. they will die with the costs and benefits of the course of action that threatens the integrity of the nuclear deal. these costs will grow as iran's economy grows. i see it as iran having more to lose. a critic once referred to the deal as a marshall plan for iran while the analogy is very far from perfect it's interesting. the marshall plan w
united states will retain its ability to impose sanctions on those trading with iran as well as with respect to ballistic missiles even after u.n. restrictions lapse. united states can traverse snapback of existing sanctions or even one jcpoa produce a bank can trigger it a review and a vote to continue with relief. u.s. veto power gives us the ultimate freehand to impose sanctions and snapback can be less draconian to deal with lesser violations as as secretary violations as secretary for test...
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if i iran violates the deal all of the sanction will snap back in place. there is a clear incentive for iran to fall back through. there are clear consequences. that's the deal. it has the full backing of the international community. congress will have a chance to review if details. they will brief them on how this will move forward. as american people and congress review the deal it will be important to consider the alternative. consider what happens in a world without this deal. without this deal there is no scenario where the world join us in sanctioning i iran until they completely distantial the nuclear program. the world without not support a effort to permanently sanction i iran until submission. without the deal there would be no agreed upon limitations for the iranian nuclear program. they could produce plutonium for a bomb. we wouldn't have the things to stop a program. no deal means no lasting constraints on their nuclear program. such a scenario would make it feel like other countries should get their own nuclear program. it would present the un
if i iran violates the deal all of the sanction will snap back in place. there is a clear incentive for iran to fall back through. there are clear consequences. that's the deal. it has the full backing of the international community. congress will have a chance to review if details. they will brief them on how this will move forward. as american people and congress review the deal it will be important to consider the alternative. consider what happens in a world without this deal. without this...
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sanctions. the rest of the world is going to be dealing with iran. its economy he is going to expand and it will have is won everything because we're going to have a deal that's no deal and the sanctions will be lost. that was the original sin of the negotiation which obama either understood and was deliberate about it or simply misguided in not understanding it. >> it's important to point out that we don't know the success or failure of this deal until well after president obama is gone, left office. really, when you talk about imposing the sanctions. so, what about this in this debate that we're going to see? >> in some regards, this is really a spectacular case of government doing what it does best, which is kicking the can down the road. as little as just a couple of years the iranians are potentially going to have the ability to buy and sell arms on the international market. eight years they will be able to resume research into advanced nuclear materials and in 15 years produce as much nuclear fuel as they would like. there is a lot to worry abou
sanctions. the rest of the world is going to be dealing with iran. its economy he is going to expand and it will have is won everything because we're going to have a deal that's no deal and the sanctions will be lost. that was the original sin of the negotiation which obama either understood and was deliberate about it or simply misguided in not understanding it. >> it's important to point out that we don't know the success or failure of this deal until well after president obama is gone,...
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that iran desperately needs relief from. sanctions that continue to deter companies from investing in iran. i understand the stakes but these are about as high stakes as it gets. so the committee must ask if we made the most of our pretty strong hand. or are we willing to bet, as the administration has, that this is the beginning of a changed iran? these are complex issues. and i look forward to what should be an extremely informative hearing and i turn to the ranking member. >> mr. chairman, thank you for convening this hearing. secretary kerry, secretary lew. secretary moniz, welcome to the foreign affairs committee. thank you all for your dedicated service no matter what side of the issue is on i don't think anyone here doubts your commitment to the united states and the good intentions on this deal. thank you for the time you have taken to engage with members of congress on the proposed deal can and thank you for your testimony today. congress gave itself 60 days to renew this deal. and i sincerely hope my colleagues take full adv
that iran desperately needs relief from. sanctions that continue to deter companies from investing in iran. i understand the stakes but these are about as high stakes as it gets. so the committee must ask if we made the most of our pretty strong hand. or are we willing to bet, as the administration has, that this is the beginning of a changed iran? these are complex issues. and i look forward to what should be an extremely informative hearing and i turn to the ranking member. >> mr....
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it's iran traded transparency for sanction relief. and that trade is fair in general opinion in iran. >> it's a chief negotiator showing that it is not a perfect deal, but help the economy in the process. >>> we are joined via skype from tehran tehran, a journalist. good to have you with us. the reaction in tehran teems to be a celebration, we have been seeing pictures of people partying. the rehabilitation is overwhelmingly positive to the deal. of course it is positive. because people have been working for the moment. they voted for the president to make sure the deal will be done in the nick of time. now the president has delivered on election captain promises. if he wants a standoff with the united states and they are more than happy to see relations have been set gan iran and the united states. this is an historic moment for them. and cer wit possessing an important occasion history. >> the foreign minister said that he wants to change the relationship with the west. is it real stick to thing that will happen given on friday irani
it's iran traded transparency for sanction relief. and that trade is fair in general opinion in iran. >> it's a chief negotiator showing that it is not a perfect deal, but help the economy in the process. >>> we are joined via skype from tehran tehran, a journalist. good to have you with us. the reaction in tehran teems to be a celebration, we have been seeing pictures of people partying. the rehabilitation is overwhelmingly positive to the deal. of course it is positive. because...
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sponsored by newshour productions, llc >> woodruff: an iran nuclear deal is reached, world powers and tehran strike a compromise to end sanctionsimit nuclear power. good evening. i'm judy woodruff. >> ifill: and i'm gwen ifill. also ahead this tuesday: full analysis of today's historic pact. what will a new chapter in iran's relations with the world look like? >> woodruff: plus... >> i like to call this a mission of delayed gratification. >> woodruff: unlocking the mysteries of the solar system's underdog after a three billion mile journey and nearly a decade. a close up look at pluto. >> the opportunity to transform pluto from a little pixilated
sponsored by newshour productions, llc >> woodruff: an iran nuclear deal is reached, world powers and tehran strike a compromise to end sanctionsimit nuclear power. good evening. i'm judy woodruff. >> ifill: and i'm gwen ifill. also ahead this tuesday: full analysis of today's historic pact. what will a new chapter in iran's relations with the world look like? >> woodruff: plus... >> i like to call this a mission of delayed gratification. >> woodruff: unlocking the...
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sanctions. this is what happened with the iran's sanction act. i think there is power we can use in the sector but with that comes the responsibility to wheel that effectively. >> i think the concern we have is the leverage point goes to iran actually. if we find they are engaged in nefarious activities we want to impose sanctions on and given the nature of this agreement and the fact we would have to submit to the body that we believe iran has violated good behavior and we want to impose sanctions and given the interlooking nature -- interlocking -- it might be more difficult to agree to allow us to impose the sanctions if we have to do that. if we go alone that is a whole different can of worms. my time is done. i appreciate the answers and i am sure this will be touched on. >> thank you and before going to senator menendez. there was another question senator flake asked in a previous setting and i will use part of my time to follow-up on. we sent out a nine page summary of 13 documents to help everybody understand quickly what the deal was. in
sanctions. this is what happened with the iran's sanction act. i think there is power we can use in the sector but with that comes the responsibility to wheel that effectively. >> i think the concern we have is the leverage point goes to iran actually. if we find they are engaged in nefarious activities we want to impose sanctions on and given the nature of this agreement and the fact we would have to submit to the body that we believe iran has violated good behavior and we want to impose...
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sanctions. the rest of the world is going to be dealing with iran. to expand and it will have is won everything because we're going to have a deal that's no deal and the sanctions will be lost. that was the original sin of the negotiation which obama either understood and was deliberate about it or simply misguided in not understanding it. >> it's important to point out that we don't know the success or failure of this deal until well after president obama is gone, left office. really, when you talk about imposing the sanctions. so, what about this in this debate that we're going to see? >> in some regards, this is really a spectacular case of government doing what it does best, which is kicking the can down the road. as little as just a couple of years the iranians are potentially going to have the ability to buy and sell arms on the international market. eight years they will be able to resume research into advanced nuclear materials and in 15 years produce as much nuclear fuel as they would like. there is a lot to worry about there. a lot of people
sanctions. the rest of the world is going to be dealing with iran. to expand and it will have is won everything because we're going to have a deal that's no deal and the sanctions will be lost. that was the original sin of the negotiation which obama either understood and was deliberate about it or simply misguided in not understanding it. >> it's important to point out that we don't know the success or failure of this deal until well after president obama is gone, left office. really,...
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and sanctions from the united states security council. this will be phased in. iran must complete key nuclear steps before it begins to receive new sanctions re leaf. over the course of the next decade iran must abide by the deal before additional sanctions are lifteded, including five years for restrictions related to arps and eight years for restrictions relateded to ballistic missiles. all of this will be memorialized and endorsed in a new united nations security council. and there is a clear incentive for iran to follow through. er there are real consequences for for a violation. that's the deal. it has the fullbacking of the international community. congress will have an opportunity now to review the details. my administration is ready to provide extensive briefings on how this will move forward the. as the he were and congress review the deal it will be important to consider the alternative. consider what happens in a world without this deal. without this deal there is no scenario where are the world joins us in sanctioning iran until it completely dismantles i
and sanctions from the united states security council. this will be phased in. iran must complete key nuclear steps before it begins to receive new sanctions re leaf. over the course of the next decade iran must abide by the deal before additional sanctions are lifteded, including five years for restrictions related to arps and eight years for restrictions relateded to ballistic missiles. all of this will be memorialized and endorsed in a new united nations security council. and there is a...
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and iran have hailed a deal to curb the iranian nuclear program as a historic opportunity. the agreement is a negotiation. a lifting of international sanctionsiran in exchange for measures to cut their nuclear capabilities. president obama says the deal ensures the world that tehran could not produce nuclear weapons, and iran calls it a new chapter of hope. crowds of people in iran have in celebrating. republicans in congress have voiced disapproval. that brings today's broadcast to a close, but you can find more on today's news on our website. to reach me and most of the bbc team go to twitter. from all of us at bbc world news america, thank you for watching, and two in tomorrow. ♪ >> make sense of international news at bbc.com/news. >> funding of this presentation is made possible by -- the freeman foundation, newman's own foundation -- giving all profits from newman's own to charity and pursuing the common good, kovler foundation -- pursuing solutions for america's neglected needs, and mufg. >> it is a global truth. we can do more when we work together. at mufg, our banking relationships span cultures and support almost every institute ac
and iran have hailed a deal to curb the iranian nuclear program as a historic opportunity. the agreement is a negotiation. a lifting of international sanctionsiran in exchange for measures to cut their nuclear capabilities. president obama says the deal ensures the world that tehran could not produce nuclear weapons, and iran calls it a new chapter of hope. crowds of people in iran have in celebrating. republicans in congress have voiced disapproval. that brings today's broadcast to a close,...
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it is not a nuclear sanction. >> but iran seems to take a different position. >> well, what iran does believe is that we can take the nuclear sanctions, put a different label on them and put them right into place. and what we would have to do is make the case, as we have on many occasions that institutions should be sanctioned for their behavior on terrorism, human rights and regional destabilization. we will continue to do that vigilantly and all of the sanctions that apply in that area still stand. >> there's no restraint. >> thank you mr. chairman and general dempsey, thank you also. of every time we say good-bye to you, you come back in another week on another panel. i know it's not by choice but we're thrilled to have you here again. thank you very much for your service. mr. secretary, secretary of energy, if a year from now we have suspicions that something is going on does the iaea have access to go inside that building and see it or not? >> well, again we certainly have, through the initial protocol and this agreement, access anywhere that there is suspicious of nuclear activi
it is not a nuclear sanction. >> but iran seems to take a different position. >> well, what iran does believe is that we can take the nuclear sanctions, put a different label on them and put them right into place. and what we would have to do is make the case, as we have on many occasions that institutions should be sanctioned for their behavior on terrorism, human rights and regional destabilization. we will continue to do that vigilantly and all of the sanctions that apply in that...
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and the jcpoa does not provide iran relief from any u.s. sanctions for any of those other authorities. what we have committed to do is quite specific. iran was fearful that having witnessed the hot desire in the congress for more sanctions that even if we cut an agreement, you folks might turn around the day after and say too bad, we're coming back with the same sanctions. so what they really wanted was a clarity, that -- that we're not going to reimpose the specific nuclear-related sanction provisions as specified in annex 2, contingent upon them abiding by the commitments of the agreement. it's a clarification to them that we're not going to come back and just slap them on again. but that absolutely does not mean we are precluded from sanctioning iranian actors sectors, or any actions if circumstances warrant. so all of our other sanctions authorities remain in place, they are unacted by this agreement, and iran only said that they would treat the imposition of new nuclear-related sanctions as the grounds to cease performing but they are clear, and
and the jcpoa does not provide iran relief from any u.s. sanctions for any of those other authorities. what we have committed to do is quite specific. iran was fearful that having witnessed the hot desire in the congress for more sanctions that even if we cut an agreement, you folks might turn around the day after and say too bad, we're coming back with the same sanctions. so what they really wanted was a clarity, that -- that we're not going to reimpose the specific nuclear-related sanction...
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what is your view about having snap-back sanctions if iran does not live up to obligations under a nuclear deal? >> that is part of the agreement, that the sanctions, many would snap back if there's a violation of the agreement. to try to extend american sanctions now is really very detrimental to the process. we should get the deal, see if the iranians implement it before talking about sanctions. >> barbara slaven of the south asia center atlantic council. thank you for joining us. >>> next, iran and the united states drew red lines in the negotiations. one country will have to give in. the question is which one. we'll look at the sticking point when we come back. >>> i'm "ali velshi on target" from high atop iran's capital city, tehran >>> one of the sticking points is a lack of trust wean the united states and iran, the supreme leader ayatollah khamenei refuses to free sensitive work in the country, he said: line the u.s. and allies insists that iran halts the nuclear development work for 10 years, joining me is the executive director of the american iranian council, an organization tha
what is your view about having snap-back sanctions if iran does not live up to obligations under a nuclear deal? >> that is part of the agreement, that the sanctions, many would snap back if there's a violation of the agreement. to try to extend american sanctions now is really very detrimental to the process. we should get the deal, see if the iranians implement it before talking about sanctions. >> barbara slaven of the south asia center atlantic council. thank you for joining us....
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as well as national sanctions related to iran's nuclear program including steps on access in areas of trade, technology finance and energy. the comprehensive plan of action has a main text and five technical annexes on nuclear, sanctions and nuclear energy cooperation, a joint commission and implementation. these documents are detailed and specific. that is important because all sides wanted clarity so as to ensure the full and effective implementation of the agreement. the comprehensive plan of action is a balanced field that respects the interest of all sides. it is also complex, detailed and technical. we cannot fully summarize the agreement now but the full main text and all its annexes will be made public still today and will be presented within the next few days by the e 3 plus 3 to the security council for en doersdoersment and we know this will be under intense krut -- scrutiny but it's not just a deal but it's a good deal and a good deal for all sides and the wider international community. this agreement opens new possibilities and a way forward to
as well as national sanctions related to iran's nuclear program including steps on access in areas of trade, technology finance and energy. the comprehensive plan of action has a main text and five technical annexes on nuclear, sanctions and nuclear energy cooperation, a joint commission and implementation. these documents are detailed and specific. that is important because all sides wanted clarity so as to ensure the full and effective implementation of the agreement. the comprehensive plan...
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eight years for iran's ballistic missile programs. but u.s. sanctions on terrorism and human rights will remain. iran's president predicting a new chapter in his nation's relations with the world. as expected three americans being held in iran and a fourth who went missing are absent from the deal. they were never part of the talks, though u.s. officials continue to call for their release. for now, their families left waiting. the family of jailed "washington post" reporter jason rizion said they hope the deal will bring him home saying in a statement, quote, the outcome of the nuclear deal does not change jason's cruel and illegal imprisonment for the past 356 days. jason is completely innocent of all charges. today he should be reporting on the details of this agreement rather than subjected to continued incarceration. and the danger is today's battle of narratives will end up being a battle of interpretation. if all sides are not on the same page about what was agreed upon that could be a real pandora's box when it comes to implementation, john. >> t
eight years for iran's ballistic missile programs. but u.s. sanctions on terrorism and human rights will remain. iran's president predicting a new chapter in his nation's relations with the world. as expected three americans being held in iran and a fourth who went missing are absent from the deal. they were never part of the talks, though u.s. officials continue to call for their release. for now, their families left waiting. the family of jailed "washington post" reporter jason...