Iran Foreign Min: Nuclear deal with P5+1 has been reached
- Iran to receive $4.2B in foreign exchange as part of an agreement in exchange for limited sanctions relief on gold, petrochemicals and autos as part of an agreement. - As part of agreement, Iran agrees to halt uranium enrichment above 5% and will not install any additional centrifuges. - France Foreign Min: "The mechanism foresees the strict control of the engagements taken and vigilance will be needed to ensure they are implemented." - Pres Obama: If Iran does not meet its commitments during 6-month period, US will increase the pressure and turn off sanctions relief. - US State Sec Kerry: Agreement between Iran and major powers would make it harder for Iran to build a nuclear weapon and would make Israel and other U.S. allies safer. - Israel PM Netanyahu cabinet official: This is a "bad deal." - Israel Econ Min Bennett: "Israel does not see itself as bound by this bad, this very bad agreement that has been signed." - PM Netanyahu: "What was achieved last night in Geneva is not a historic agreement, it was a historic mistake... Today the world has become a much more dangerous place because the most dangerous regime in the world took a significant step towards obtaining the world's most dangerous weapon." - Key US senator said to be expecting Senate to mull legislation allowing 6-month window before new sanctions imposed on Iran.