This afternoon William Hague told the House of Commons that existing sanctions on Iran will continue.
He described the deal as "an important step that gives us time to negotiate a comprehensive settlement," and gave an update on other diplomatic moves:
He even found time to praise opposition politicians for their work.
Key points of the deal include:
- Iran will stop enriching uranium beyond 5%
- Will give greater access to inspectors
- No further development of the Arak plant, which it is believed could produce plutonium.