On July 14, Iran and the P5+1 group, comprising China, France, Russia, the United States, Britain and Germany, reached an agreement to ensure the peaceful nature of Tehran's nuclear program and ease sanctions against the country.
"This deal will make America and the world safer and more secure. Still, you’re going to hear a lot of overheated and often dishonest arguments about it in the weeks ahead," Obama said in his weekly address.
The US president stressed that the P5+1 group would never have agreed to a deal that made it easier for Iran to obtain nuclear weapons. He pointed out that under the deal Iran would have to ship 98 percent of materials necessary to create nuclear weapons out of the country and would not have the possibility to produce such material.
Obama said the peaceful nature of the Iranian nuclear program would be ensured by "unprecedented" 24/7 monitoring of Iran’s key nuclear facilities.
He also said that should Iran violate the agreement, it would face the same sanctions that were imposed on it earlier. The US-imposed sanctions, that should be lifted under the agreement, include restrictions on trade and banking interactions with the Islamic republic, as well as petroleum sector limitations, according to the US Treasury.