Obama calls Iran deal historic chance to pursue safer world

Published 07/15/2015, 01:51 PM
Updated 07/15/2015, 01:55 PM
© Reuters. U.S. President Barack Obama speaks about a nuclear deal with Iran during a news conference in the East Room of the White House in Washington

WASHINGTON (Reuters) - President Barack Obama, seeking to sell the Iran nuclear deal to skeptical U.S. lawmakers and the American public, said on Wednesday the agreement represented a historic chance to pursue a safer world.

During a White House news conference, Obama said, "Without a deal, the international sanctions regime will unravel, with little ability to re-impose it. With this deal, we have the possibility to peacefully resolve a major threat to regional and international security."

Obama said there would have been a risk of more fighting in the Middle East without a deal and that other countries in the region would feel compelled to pursue their own nuclear programs "in the most volatile region in the world."

Obama said he expects a robust debate in Congress over the deal, which he said cuts off all of Iran's pathways to a nuclear weapons program.

© Reuters. U.S. President Barack Obama speaks about a nuclear deal with Iran during a news conference in the East Room of the White House in Washington

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.