Hollande hails framework agreement on Iran nuclear program

French President Francois Hollande welcomed on Thursday the framework agreement on limiting Iran's nuclear power, vowing more work to reach a lasting deal by the end of June.

During a phone talks with his U.S. counterpart Barack Obama, Hollande hailed the efforts of foreign ministers of the United States, France, Germany, Britain, China and Russia to bridge differences with Iranian negotiators to find a framework accord ensuring that Tehran will not develop a nuclear weapon.

In a statement released by his office, the French president announced the new deadline of June 30 for a final deal, warning that "lifted sanction will be imposed again if the agreement won't be respected."

"France will be watchful, as it always is in step with its partners, to ensure that a credible, verifiable agreement be established under which the international community can be sure Iran will not be in a position to have access to nuclear arms," Hollande stressed.

After intensive talks in Lausanne, Switzerland, negotiators from the P5+1 group reached a framework on Iran's nuclear program that will allow further negotiations towards a final deal.

In 2013, Iran accepted to halt enrichment above 5 percent and neutralizing its stockpile of near 20 percent uranium by means of dilution or converting and not to install more centrifuges in exchange for limited sanctions relief. Endit