The understanding we’ve reached is a solid foundation for the good deal we seek. Sec Kerry

– The understanding we’ve reached is a solid foundation for the good deal we seek.

After week of round-the-clock principled diplomacy, the United States and its five international partners managed to hammer out the key provisions of an accord that Washington has been pursuing for nearly a decade — a deal to verifiably constrain Iran’s expansive nuclear program. The deadline for final deal was June 30, 2015.

The marathon Iran nuclear talks yield a milestone agreement, a “good deal” which is not a final deal — not by a long shot — but the framework announced on Thursday was far more substantive than many had been expecting. The elements form the foundation upon the Joint Comprehensive Plan of Action (JCPOA) reflect the significant progress that has been made in discussions between the P5+1, the European Union, and Iran.

U.S. President Barack Obama spoke about the agreement on a framework for a final deal on the future of Iran’s nuclear program.

President Barack Obama hailed the announcement as a “historic understanding with Iran which, if fully implemented, will prevent it from obtaining a nuclear weapon. As President and Commander in chief, I have no greater responsibility than the secrutiy of the American people. I am convinced that if this framework leads to a comprehensive deal, it will make our country, our allies, and our world safer… It is our best option by far….And it is a good deal, a deal that meets our core objectives.”

APRIL 2, 2015 President Obama Statement on Iran Nuclear Talks Framework Deal.

– serious evidence that the parties can reach a deal that meets the international community’s requirements for ensuring Iran does not achieve nuclear weapons capability.

Here, are the key parameters of a Joint Comprehensive Plan of Action (JCPOA) regarding the Islamic Republic of Iran’s nuclear program that were decided in Lausanne, Switzerland. Important implementation details are still subject to negotiation, and nothing is agreed until everything is agreed.

“There will be no sunset to this deal” said Secretary of State John Kerry – as Iran pursues a peaceful nuclear programme. Iran will receive sanctions relief, if it verifiably abides by its commitments.

This deal provides the best possible defense against Iran’s ability to pursue a nuclear weapon covertly — that is, in secret. International inspectors will have unprecedented access not only to Iranian nuclear facilities, but to the entire supply chain that supports Iran’s nuclear program — from uranium mills that provide the raw materials, to the centrifuge production and storage facilities that support the program.

U.S. and E.U. nuclear-related sanctions will be suspended after the IAEA has verified that Iran has taken all of its key nuclear-related steps. If at any time Iran fails to fulfill its commitments, these sanctions will snap back into place.