From Washington Post:
Iran agreed in principle to accept significant restrictions on its nuclear facilities for at least a decade and submit to international inspections under a framework deal announced Thursday after months of contentious negotiations with the United States and other world powers.
In return, international sanctions that have battered Iran’s economy would be lifted in phases if it meets its commitments, meaning it could take a year or less for relief from the penalties to kick in.
The framework agreement, a milestone in negotiations that began 12 years ago, is not a final deal. But it creates parameters for three more months of negotiations over technical details and some matters that remain unresolved. Any one of those issues could doom a comprehensive agreement. Among them is the pace at which sanctions will be suspended.
“The political understanding with details that we have reached is a solid foundation for the good deal we are seeking,” said Secretary of State John F. Kerry, sounding hoarse after an all-night negotiation session.
The agreement includes almost all the restrictions on Iran’s nuclear facilities, laboratories, mines and mills that the United States had sought in recent months, although it initially aimed for even tougher restrictions.