UK welcomes Iran nuclear deal
Hammond said the agreement places limits on Iran's nuclear program and allows for inspections by the International Atomic Energy Agency (IAEA) to verify that Iran is staying in line with the restrictions, ensuring that the program is utilized for exclusively peaceful purposes.
Once the restrictions are in place, economic sanctions from the international community will begin to be lifted.
The verification process and the restrictions will be in place so that Iran is unable to pursue or eventually develop a nuclear weapon of their own.
"We recognize the concern in the region about Iran’s historic pattern of regional activity," Hammond said. "We will maintain our clear position in support of the Gulf states and against Iranian interference in their internal affairs. We hope, and expect, that this agreement will herald a step-change in Iran’s relations with its neighbors and with the international community."
Hammond said that with the removal of economic burdens, the country will have a chance to improve its financial and economic opportunities and to make positive steps forward for the country and the region.
"We will continue to work closely with our international partners to encourage Iran to play a transparent and constructive role in regional affairs, particularly in the struggle against violent Islamist extremism," Hammond said.