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Dubai Stands To Gain From Iran Nuclear Deal; Oil Prices Fall After Iran Deal Signed; Israel Slams Iranian Nuclear Deal; Housing Prices Soar in Berlin. Aired 11a-12p ET

Aired July 14, 2015 - 11:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


(BEGIN VIDEO CLIP)

[11:00:09] BARACK OBAMA, PRESIDENT OF THE UNITED STATES: Because of this deal, the international community will be able to verify that the Islamic

Republic of Iran will not develop a nuclear weapon.

(END VIDEO CLIP)

BECKY ANDERSON, HOST: An historic achievement: after years of mistrust and difficult negotiations, Iran and six world powers agree to a deal that

curbs Tehran's nuclear program.

Coming up this hour, a look at what's in the agreement and what it will take to get it by lawmakers in Washington and in Tehran.

Also ahead...

(BEGIN VIDEO CLIP)

BENJAMIN NETANYAHU, PRIME MINISTER OF ISRAEL: The world is a much more dangerous place today than it was yesterday.

(END VIDEO CLIP)

ANDERSON: Fury in Israel. Benjamin Netanyahu ripped the deal with Iran, calling it an historic mistake for the world.

And why some players in the region could see benefits from the agreement before Iran does.

ANNOUNCER: Live from CNN Abu Dhabi, this is Connect the World with Becky Anderson.

ANDERSON: A very good evening from the UAE at just after 7:00. International diplomacy has achieved what decades of animosity could not.

Those words from U.S. President Barack Obama as he praised an historic deal that not only curbs Iran's nuclear program, but also begins a dramatic new

era of cooperation.

ANNOUNCER: After months of painstaking talks, negotiators in Vienna signed a final agreement today. They say it removes Iran's ability to produce

nuclear weapons while allowing peaceful nuclear activities. In exchange, Iran will get long awaited relief from crippling sanctions.

Some of the key provisions include around the clock access to Iran's key nuclear facilities, and a 98 percent reduction in the country's enriched

Uranium stockpile. That limitation will last 15 years.

Well, Iranian president Hassan Rouhani says the deal meets all of his country's objectives. He and President Obama both addressed their

respective nations after the announcement in Vienna earlier and Hassan of just how historic today is, Iran took the extremely rare step of

broadcastins Mr. Obama's speech live on state television.

(BEGIN VIDEO CLIP)

OBAMA: This deal is not built on trust, it is built on verification. Inspectors will have 24/7 access to Iran's key nuclear facilities. Iran

will have access to Iran's entire nuclear supply chain, its uranium mines and mills, its conversion facility and its centrifuge manufacturing and

storage facilities. This ensures that Iran will not be able to divert materials from known facilities to covert ones.

And if Iran violates the deal, all these sanctions will snap back into place. So there's a very clear incentive for Iran to follow through. And

there are very real consequences for a violation.

HASSAN ROUHANI, PRESIDENT OF IRAN (through translator): I am glad that today, given the 22 month long negotiations between the Islamic Republic of

Iran and six world powers, that we have been able to reach a new pinnacle.

(END VIDEO CLIP)

ANDERSON: Well, the leaders of Iran and the U.S. then clearly on board, but what about their constituencies at home? Well, let's get more now on

the reaction in the United States and in Iran.

Michelle Kosinski is live at the White House for you. And Frederik Pleitgen, who has just returned from Tehran is joining us tonight from

Berlin.

Michelle, let's start with you. At least in Mr. Obama's case, how tough a sell will this be to congress?

MICHELLE KOSINSKI, CNN CORRESPONDENT: Oh, very tough. I mean, it's not comfortable for many here, especially members of congress who have been

critical of the deal as it was going for months, to hear Iran celebrating it, saying they got everything they wanted, that they won't have to

dismantle any of their nuclear facilities, to hear Syria celebrating it.

And that's really just the beginning of the criticism that's been brewing here and that really erupted once this deal was announced and some of the

details started coming out.

You know, in fact, here's the speaker of the House of Representatives today.

(BEGIN VIDEO CLIP)

REP. JOHN BOEHNER, (R) OHIO: Based on what I know now, it doesn't look like a very good deal. I want to review all the fact, but based on what I

know, I'm highly skeptical at best.

(END VIDEO CLIP)

[11:05:02] KOSINSKI: And that's really sort of the least of the Republican criticism we've been hearing from members of congress. I mean, some

calling this deal a grievous, dangerous mistake that's only going to embolden Iran. Saying that the president abandoned his original objectives

and that the original goals seemed to shift from dismantling Iran's nuclear program to just managing its proliferation.

But those are Republicans who we knew were going to oppose this. And some in congress have even admitted that, yeah, there are members who were going

to oppose a deal in whatever form.

But, there are also members of the president's own party who are expressing some skepticism.

The big question out there seems to be really in summary, does the deal go far enough? I mean, the fact that Iran will still have some nuclear

capability, the questions of access, how much of a say and how much of a time delay will there be when someone decides, well, there's something

suspicious going on in this location or another location. How realistic will it be to have access to these places?

I mean, it is spelled out to some extent within the deal. But the reality of it is what many members of congress are questioning, and that's going to

come into play in the 60 days of review.

And they don't have a vote up or down on the deal itself, but they can decide whether or not to lift sanctions that congress itself has imposed in

Iran. So you can see how that could really throw a monkey wrench in the system.

But congress has an uphill battle in that. They would have to override a presidential veto, which in this case is going to be extremely difficult to

do. And even if they accomplish that, the rest of the world would still be, you know, using the deal, implementing it and lifting its own sanctions

-- Becky.

ANDERSON: Stand by.

CNN's chief international correspondent Chrisiane Amanpour just concluded an interview with U.S. Secretary of State John Kerry. Here is what he had

to say about the deal.

(BEGIN VIDEO CLIP)

JOHN KERRY, U.S. SECRETARY OF STATE: Sanctions brought them to the table to negotiate. They did the very thing everybody put the sanctions in place

to get them to do, which is negotiate. So they negotiated.

Now measure the agreement to see whether or not it achieves what we need to in terms of insight, restraint, accountability and so forth. That's what

we should be doing.

(END VIDEO CLIP)

ANDERSON: You can see the rest of that interview coming up on Amanpour, that's starts at 7:00 p.m. in London, 10:00 p.m. here in Abu Dhabi. And

that is on CNN.

It's seven minutes past 7:00.

Let's get to Fred Pleitgen who is joining us from Berlin tonight. You've spent some considerable time, Fred, in Tehran over the last couple of

weeks. I mean, clearly both sides will be spinning this deal. And we heard from the Iranian president earlier today playing up the lifting of

sanctions. But that doesn't happen immediately, does it? Just how will people in Iran treat this deal today and going forward?

FRED PLEITGEN, CNN INTERNATIONAL CORRESPONDENT: Well, I think you make a very important point, Becky, and that is that the sanctions aren't going to

be lifted any time soon. In fact, there are people who believe that those sanctions are not going to be lifted -- any of the sanctions are going to

be lifted until 2016, because of course we have to keep in mind that Iran, first of all, has to comply with the terms of this agreement. They have to

downsize the amount of centrifuges, they have to get rid of a lot of their low enriched uranium, they also have to modify the reactor there in Arak

(ph). All that has to be verified by the IAEA as well.

But I think one thing that is very, very important is that this is going to be very uplifting psychologically for a lot of Iranians. One of the things

that, you know, people talk about very little is the psychological impact that the sanctions have had on many Iranians. It's not necessarily poverty

that's a problem there, it's a lack of economic perspective for people.

Young people, many of them highly educated -- Iran of course has a tech sector, has a startup sector, a lot of that has been hamstrung by the

sanctions -- and so therefore, just knowing that the sanctions most probably are going to go away, or at least that there's a chance that they

will go away, is something that's going to be very uplifting.

At the same time, Becky, you know very well Iran is also a place with a lot of politics and with that a very fierce politics as well. And there were

among the hard liners a lot of skeptics of these negotiations, not just among the clergy, but among the military as well. And certainly we'll have

to wait and see what they say about this agreement.

Interesting, also will be to see the first remarks of Iran's supreme leader, see what he has to say about all this.

But certainly gauging the mood in Tehran, people there by and large very positive about this agreement. You could hear that in Hassan Rouhani's

remarks as well as he was standing there saying, look, the world has now recognized that we have nuclear technology, we're going to keep nuclear

technology. None of our sites are going to be shut down. And we are going to keep the capacity to enrich uranium. Those certainly are key things

that he put out there.

He also, however, said of course concessions had to be made in this process as well, Becky.

[11:10:09] ANDERSON: Frederik Pleitgen tonight out of Berlin for you. And Michelle Kosinski in Washington, thank you guys.

Israel says the world is making an historic mistake. It's been warning for months against this deal and is clearly not happy that the warnings fell on

deaf ears.

Prime Minister Benjamin Netanyahu says Israel will do what it has to to defend itself from any threat.

(BEGIN VIDEO CLIP)

NETANYAHU: The world is a much more dangerous place today than it was yesterday. The leading international powers have bet our collective future

on a deal with the foremost sponsor of international terrorism. They've gambled that in 10 years' time, Iran's terrorist regime will change while

removing any incentive for it to do so. In fact, the deal gives Iran every incentive not to change.

(END VIDEO CLIP)

ANDERSON: Well, let's get more now on what exactly the deal requires and what happens is there are any violations.

Nic Robertson is with us now from Vienna where that deal was hammered out.

And Nic, Democratic leader Nancy Pelosi said of the deal, and I quote, "we have no illusions about the Iranian regime or the destabilizing influence

Iran continues to have in the region. We must maintain our vigilance." That is clear.

Just what do we know about the details of this deal? And what happens if either side breaks the details?

NIC ROBERTSON, CNN INTERNATIONAL CORRESPONDENT: Well, there's a snapback on sanctioned -- a snapback on facility within the sanctions. And there's

a mechanism within that to have a verification process to make sure that Iran complies initially with what it signed up to.

And then also make sure that it's -- that over time it's not -- that it's not, if you will, starting up any new programs, an oversight mechanism

there.

The snapback on for the sanctions would mean that very quickly if Iran isn't seen to be in compliance within 30 days sanctions could be snapped

back on. That's not the way the president of Iran was telling it to the people of Iran today speaking on television, however that's the

understanding here.

The, I think perhaps one of the robust tools, as it is viewed, of this agreement is the International Atomic Energy Agency's inspectors who will

not only be going to verify what Iran has agreed, but also if they have any concerns or questions about other sites, other places, other things that

they want to -- sites that they want to visit, they can demand to go and do that, that's called the additional protocols.

If there's a disagreement within those additional protocols, there's something that's called managed access where the IAEA, the inspectors, and

Iran would then talk about if the inspectors weren't allowed into a site, could they do the same job from outside that site, if that's not the

answer, could they get into part of the site. If that's not the answer, could they get into the room that they want to get into and perhaps have

certain pieces of equipment that aren't necessary covered.

But the bottom line is, is that those inspectors are entitled to get into those sites and see what they want to see and make the determinations and

take the measurements that they want to take to ensure that everything is essentially above board.

There is an escalation process within that as well. And that, if you like, is a sort of belt and braces on the process, a short escalation process, 15

days. So if Iran doesn't give them access to a site within 15 days that can be escalated right back to the UN security council.

So, it's in the details like that that Secretary Kerry when he talks about the robustness of what they've done, these are the types of things that he

would be pointing to -- Becky.

ANDERSON: Nic Robertson is in Vienna for you this evening. Thank you, Nic.

Still to come tonight, the deal is done, but just will it mean to Iran? I'll be speaking to a former nuclear negotiator and adviser to President

Rouhani to gauge opinion.

And we'll see what the reaction is from the Arab world. Syria sending congratulations. What about Saudi Arabia? That's next.

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

[11:17:01] UNIDENTIFIED FEMALE (through translator): After all these years, every Iranian would be happy. They went through a lot after all

these years. Well, I'm happy anyway, and I think everyone is happy ab out it.

UNIDENTIFIED FEMALE (through translator): My personal opinion is that I wish they had done this sooner so people wouldn't have to go through all of

these difficulties.

(END VIDEO CLIP)

ANDERSON: Voices there from Tehran.

You're watching CNN. And this is Connect the World with me, Becky Anderson. Welcome back.

It is 17 minutes past 7:00 here in the UAE. Let's bring in Seyed Hossein Mousavian. He is currently a research scholar at Princeton University, but

more importantly served as a lead negotiator for Iran, the last time current President Hassan Rouhani was in charge of the nuclear file.

Mr. Mousavian, before we get to today's developments, let's step back for a bit. Back when you were sitting across the table from the EU plus three

and U.S. negotiators Mohammad Khatami was president of Iran and George Bush was in the White House.

How would you compare the Iran deal today to what you were hoping to achieve back in 2004?

SEYED HOSSEIN MOUSAVIAN, PRINCETON UNIVERSITY: The principles agreed today between Iran and the world powers, the framework agreed today is exactly

the same framework we proposed in 2005, March 2005. That time also we told EU3 that we are ready to accept the maximum level of transparency and

commitment on transparency and inspections, we are ready to have open nuclear program, we are ready to give all objective guarantees that Iranian

nuclear program would never divert towards weaponization.

The EU3 was really ready to make the deal with us, but they could not convince the U.S., because the U.S. position was zero enrichment in Iran.

Bush -- President Bush strategy was no single centrifuge in Iran, centrifuge in Iran.

It was a clear violation of nonproliferation treaty, because this treaty permits all member states of nonproliferation treaty to enjoy peaceful

nuclear technology, including heavy water and enrichment like many other members of NPT, which today they have either heavy water or enrichment

activities.

The deal failed in 2005, believe me, just because of President Bush's objection to the legitimate rights of Iran on their NPT.

Obama could make the deal, because irrespect of the fact NPT entitles the members to have enrichment and heavy water, Obama's red line was not zero

enrichment, Obama's red line was zero nuclear bomb in Iran. That's why President Rouhani welcomed this initiative, that's why Iranian supreme

leader welcomed the initiative, because Iran was ready to do everything, to assure international community, which Iran is not and would not be after a

nuclear weapon.

Now, with this deal, 159 pages, they have finalized every details that would ensure first the maximum level of transparency and inspection on

Iranian nuclear program, second all measures guaranteeing that Iranian nuclear program would not divert toward weaponization. This is two big

achievements for President Obama, for the world powers and also with this deal Rouhani has a big achievement, because he has been able to preserve

the rights of Iran under nonproliferation treaty...

ANDERSON: OK, sir.

MOUSAVIAN: ...for peaceful nuclear technology and also lifting the sanctions.

ANDERSON: Can I stop you for a moment? Can I stop you for a moment. I hear what you are saying. In many parts of the Middle East, there has been

disquiet and dismay for many years over the Iran nuclear talks. I mean, these are arguments that have been going on for some time, from very

principled objections from some countries, including, for example, Saudi.

While the UAE congratulated the Iranians on the deal, a Saudi source told me that the agreement is essentially a charade. And that the U.S. has make

a, quote, monumental, historical miscalculation.

I want you to stand by, because those harsh words, of course, are matched by Israel.

I want our viewers to have a look at a quick listen to this short report.

(BEGIN VIDEOTAPE)

MOHAMMAD JAVAD ZARIF, FOREIGN MINISTER OF IRAN: I believe this is a historic moment.

ANDERSON: This moment, long in the making, ricocheted around the region. Israel also called it historic, an historic mistake.

NETANYAHU (through translator): In all areas meant to prevent Iran from arming itself with nuclear weapons, excessive concessions have been made.

ANDERSON: The state, widely thought to have an estimated nuclear arsenal of at least 80 warheads, though Israel will not confirm or deny a nuclear

program, has been a fierce critic of talks with Iran.

But other Middle Eastern states are just as rattled, none more so than Saudi Arabia.

The conservative Sunni regime has been suspicious of Iran's conservative Shiite regime since the Islamic revolution in 1979. But the Arab-Persian

rivalry is centuries old, and its modern manifestation is a rash of regional proxy wars from Syria to Lebanon to Yemen.

Other Arab nations are watching carefully. Speaking to CNN back in May, Jordan's King Abdullah said any agreement will be the beginning of a long

dialogue with Tehran.

KING ABDULLAH, JORDAN: I hope that that opens the door where there are discussions on many other issues that need to be discussed with Iran that

reflect challenges in the region. So it's just not just a nuclear issue.

ANDERSON: There's also expectation in other domains. As sanctions are lifted, Iran is an almost virgin market, with plenty of opportunity for

regional investors who are waiting in the wings.

SALEM AL ISMAILY, SPECIAL ENVOY GOVERNMENT OF OMAN: Among the countries who have the highest bilateral trade in the least political relationship

with Iran in the region. Therefore, the businessmen know where to make their bucks. And I'm sure they're ready.

ANDERSON: Politically, though, regional unease at this deal is palpable. Previous American attempts to placate Gulf states fell flat. A summit for

leaders in May was attended by just two heads of state, along with other ministers, a measure of how much the U.S. still has to do to sell it to the

region.

(END VIDEOTAPE)

ANDERSON: Well, Seyed Hossein Mousavian is still with me.

What can Tehran do, then, to ease these regional anxieties, these concerns?

MOUSAVIAN: First of all, I believe some of the regional countries, they have concern about this deal, the real concern is not about the nuclear,

they are really worried about Iran-U.S. rapprochement. This is really what they are concerned. They are not concerned about the nuclear.

Second, I would tell the opponents of the deal either in the region or outside of the region that the 159 pages agreed with Iran. If every

country in the region is ready to accept these principles, this is the only way to guarantee Middle East from nuclear weapon. This is the only way to

realize Middle East nuclear weapon free zone.

Therefore, Israelis are clear. I mean, Netanhayu has tried for 20 years to keep Iranian nuclear program as top agenda, because he was going to hide

the reality that it is only Israel in the region with 400 nuclear bombs.

Now, the nuclear -- Iranian nuclear program is resolved and Netanyahu should be responsible to respond to international community what he is

going to do with 400 nuclear bombs in the region.

[11:25:47] ANDERSON: All right, sir. And you made -- you're making your point.

I'm going to have to say the concerns are wider than those of Israel, of course. And there are concerns about what many in this region will

perceive as an expansionist and increasingly influential Iran in, as I say, regional proxy wars. But for the time being, we're going to leave it

there. We thank you very much indeed for joining us.

Live from Abu Dhabi, this is Connect the World. Coming up, why housing prices are soaring in Germany's capital. That is One Square Meter. We'll

be back at the bottom of the hour with your news headlines as you would expect here on CNN.

(COMMERCIAL BREAK)

(BEGIN VIDEOTAPE)

JOHN DEFTERIOS, EMERGING MARKETS EDITOR: Buzzing, booming Berlin and at one time super cheap.

UNIDENTIFIED FEMALE: When I first moved here, I used to look for free completely.

DEFTERIOS: For decades, eastern Berlin was a low cost haven for creative types like freelance filmmaker Katri Rothe.

KATRI ROTHE, FILMMAKER: We have really good life in Berlin. And we never paid high rent. So it was never a topic that you have to work only for

your rent.

DEFTERIOS: 25 years after the fall of the Berlin Wall, that vibe is stronger than ever with roughly 40,000 new residents moving into Berlin

every year.

The rise is fueled by Millenials, attracted to the city's social energy and burgeoning startup scene, which is filtered into the property market.

Since 2009, prices for condos have risen by 71 percent.

UNIDENTIFIED FEMALE: 10 years ago it was quite OK, and you could sell flats and stuff like that, but it wasn't like this big hype on the city.

DEFTERIOS: Nada Ivasovich (ph) started her own property consultancy in 2012 during the market's peak.

UNIDENTIFIED FEMALE: Everybody wants to invest in Berlin, and everybody is looking for high yields, but it's not easy to find it anymore.

DEFTERIOS: She helped Jay Fagan (ph) find this one bedroom flat in central Berlin for $360,000 two years ago.

UNIDENTIFIED MALE: I want to be in it by September.

UNIDENTIFIED FEMALE: By September they should be finished.

UNIDENTIFIED MALE: When I first came here with the fall of the wall, I just saw the devastation around and just see what's going up around it and

the money and investment that's been brought into it, you know, it's got a real nice community feel to it.

DEFTERIOS: Since moving here in 2009, Fagan (ph) and two partners have bought over $6 million worth of investment properties.

Supply covers a full range from high end residential blocks like The U offering luxury flats, to pent houses on the market for a whopping $28,000

a square meter.

[11:30:13] UNIDENTIFIED MALE: As he director of a startup company from the Silicon Valley needs to live here in Berlin he will look for a kind of

apartment he uses to live in.

DEFTERIOS: The new mile development building will have 270 more affordable flats.

Eight space is another. The former factory is now being turned into 60 loft flats selling for $6,700 per square meter.

In a city where approximately 80 percent of residents are tenants, rising rents are a concern.

Katrin Rothe decided to leave her apartment of 16 years after developers bought the building. She's still keen to let people know the city has

strong laws protecting tenants.

ROTHE: We have got a strong tenants right. You can't be thrown out of your flat. And rents can't increase. The problem is now you do not find a

cheap flat any more, so we all put aside for their flat.

DEFTERIOS: It's a delicate balancing act for sure, whether resident or investor, demand for a piece of Berlin's property pie has never been

higher.

John Defterios, CNN.

(END VIDEOTAPE)

(COMMERCIAL BREAK)

ANDERSON: You're watching Connect the World. I'm Becky Anderson. Top stories for you this hour on CNN.

And U.S. Secretary of Sate John Kerry tells CNN a landmark nuclear deal with Iran leaves the world a lot safer. International negotiators announced

an agreement today that limits Iran's nuclear capabilities in exchange for billions of dollars in sanctions relief.

Well, after reaching a bailout deal with eurozone, Greek Prime Minister Alexis Tsipras now has more tough negotiations on his hands, this time

trying to shore up support in the Greek parliament for that deal. Greek lawmakers have until Wednesday to pass key reforms.

Mexican authorities are offering a reward of nearly $4 million for information about the whereabouts of Joaquin "El Chapo" Guzman. At least

34 people have been questioned after the drug kingpin escaped from a maximum security prison via a tunnel over the weekend.

NASA says the New Horizon space craft has completed a historic flyby of Pluto. The unmanned probe passed roughly 12,000 kilomters above the

surface while traveling at a cool 50,000 kilometers per hour. Mission controllers are hoping the craft will phone home later this evening to

update its status.

Well, more no on what is our top story this hour: the Iran nuclear deal. There has been mixed reaction here in the Middle East. Syria has praised

the deal as, quote, "a great victory." But Israel and Saudi Arabia both condemning it as a terrible mistake.

Let's bring in Erin McLaughlin. She's live for us in Jerusalem tonight. And Nick Paton Walsh on the Mideast reaction out of Beirut.

Let's start with you, Erin, what are the prime minister's security options, do you think? And how will he sell those after this deal?

[11:35:57] ERIN MCLAUGHLIN, CNN INTERNATIONAL CORRESPONDENT: Hi, Becky.

Well, right now what we're hearing is just some very strong rhetoric at the moment coming from Israeli officials. We've heard them call -- say that

the deal is tragic. We've heard them say it's a black day in history. And we've also heard them say he agreement is built on lies and deceit.

And this kind rhetoric not only gives you an indication of just how much dislike there is in Israel for this agreement, but also the lack of trust.

Now I want you to listen to what Israeli Prime Minister Benjamin Netanyahu had to say before a cabinet security meeting. Take a listen.

(BEGIN VIDEO CLIP)

NETANYAHU: The bottom line of this very bad deal is exactly what Iran's President Rouhani said today. The international community is removing the

sanctions, and Iran is keeping its nuclear program.

By not dismantling Iran's nuclear program, in a decade this deal will give an unreformed, unrepentant and far richer terrorist regime the capacity to

produce many nuclear bombs, in fact, an entire nuclear arsenal, with the means to deliver it.

What a stunning, historic mistake.

(END VIDEO CLIP)

MCLAUGHLIN: The prime minister there not mincing words in terms of specific objection to this deal. We've heard Israeli officials raise

objections about the lifting of that arms embargo, albeit in five years. They're also raising objections to the mechanisms for what they call a

cumbersome inspection process.

So all of those things we're hearing as Israeli officials acknowledge they are working through this agreement. It's a very complex agreement,

analyzing it word for word, line for line, so I can imagine we will be hearing more in terms of those objections in the coming hours.

ANDERSON: Sure.

What can Netanyahu do to stop this deal in the U.S.?

MCLAUGHLIN: Well, that's a very good question, Becky. We'd heard Israeli officials say that they are going to try and persuade lawmakers around the

world that this is a bad deal. And you can imagine that specifically means congress. We all remember Prime Minister Netanyahu's controversial address

to congress back in March.

But, we heard today from U.S. President Obama saying that should congress pass a legislation against this deal he will veto it. So it'll be an

uphill battle in that regard.

But Israeli officials saying that have other things that they are going to be doing. I want you to take a listen to what Naftali Bennett, coalition

hard line coalition member had to say. Take a listen.

(BEGIN VIDEO CLIP)

NAFTALI BENNETT, ISRAELI EDUCATION MINISTER: Israel always said that we will prevent Iran from acquiring a nuclear weapon. And we will still do

that. We stand behind these words. We're preparing for everything we need to do in order to defend ourselves.

(END VIDEO CLIP)

MCLAUGHLIN: So you heard him say there, Becky, we're preparing for everything we need to do to defend ourselves. And he was pressed as to

what exactly that means. And he said he didn't want to elaborate, said that he doesn't want to tip of Iran -- Becky.

ANDERSON: All right. Erin is in Jerusalem for you.

You heard a short time ago U.S. Secretary of State John Kerry telling our chief international correspondent Christiane Amanpour that the deal makes

the world a safer place. Well, she also spoke with the Iranian foreign minister Mohammad Javad Zarif. Have a listen to this.

(BEGIN VIDEO CLIP)

MOHAMMAD JAVAD ZARIF, IRANIAN FOREIGN MINISTER: Any agreement includes compromise. We have, in fact, accepted some limitations and in

reciprocation for our acceptance of those limitations, we received quite a lot of benefit.

Neither side was prepared to provide the flexibility that has now led us to this agreement. If you look at the fact that now Iran has a nuclear

program, an enrichment program, a heavy water reactor, and R&D program, a complete nuclear -- peaceful because it was always peaceful.

(END VIDEO CLIP)

ANDERSON: Along with the Kerry interview, you can hear more from Zarif a little later on CNN, of course.

You can find out what else he had to say on Amanpour. That is 7:00 p.m. in London, 10:00 p.m. here in Abu Dhabi. And that is on CNN.

It is 20 to 8:00 in the UAE. So, let's further discuss the view from across this region of the Middle East. President Obama and his team, for

them the next battle will be on capital hill. And we've got Jeff Zeleny standing by there.

First, though, want to go to Nick Paton Walsh who is in Beirut for us this evening.

National interest at place clearly as we get reaction from not just Iran and not just in Iran, but from the U.S., from Israel and indeed across the

Middle East. The Saudis don't like this deal, other Gulf states a little easier on it. They see the business potential.

What are you hearing across this wider region?

NICK PATON WALSH, CNN INTERNATIONAL CORRESPONDENT: Well, I think the most interesting element is the warm embrace from the Syrian regime of Bashar

al-Assad calling this a great victory for Iran.

Now, the fear I think many involved in what is now across region Sunni-Shia war in many ways, given the proxies involved, was that suddenly this deal

could pour billions of dollars into Iran's arms. They could immediately overnight use to boost their proxies in these battles.

That doesn't appear to be the case at this stage, because there's plenty that Iran has to do before it can actually begin receiving that financial

benefit. But surely to sign up they must have a plan about how quickly they can do it, because it's simply sanctions relief and cash they seem to

be urgently needing now.

What this does do, I think, is make many involved in the different battles here realize that that Iran nuclear issue is going to be less the American

focus in the years ahead. And their focus will instead shift the White House that is towards the fight against ISIS, frankly, that's the pressing

national security issue for the United States here.

That I think thrusts in the view of many concerned here, because there's been a lot of deep anticipation on which way this deal would go, that in a

very reductive way, in some people's view, makes them believe that in fact the U.S. has fallen on the Shia side, albeit temporarily, that they are

keener to establish a concord there with Iran and the different groups that it backs in the region, than necessarily throw themselves at an

increasingly mixed and radical view of many of the Sunni sides fighting in this particular conflict.

It's extraordinarily messy, but predominately now we are going to see a period in the months ahead where people wait to see quite what level of

resources Iran is able to throw at these different conflicts here if it comes to stage where the IAEA and different other groups believe they are

holding their end of the deal up, Becky.

ANDERSON: Nick Paton Walsh is in Beirut for you.

So, that is the view across the region. But for President Obama and his team, as I said, the next battle will be on Capitol Hill. And Jeff

certainly is standing by for you there.

Jeff, what have you heard there about this deal? Will the president have a tough time selling it?

JEFF ZELENY, CNN CORRESPONDENT: Becky, there's no question it is a tough sell for this White House. President Obama made that very clear this

morning here in Washington when he announced the deal. He said that he wants to have a robust debate in -- here on Capitol Hill in the U.S.

Congress and to sell this deal to the American public.

And a robust debate is one he is definitely going to get.

Republicans are downright hostile toward this agreement, at least now -- most of them are. And Democrats are somewhat skeptical. People in his own

party are skeptical of this.

But this is all coming under the context of course a presidential campaign. The next president, the successor to President Obama, is going to inherit

either this deal, or the situation that happens if the deal does not go through here. So this is a central issue in this presidential campaign.

So far, every Republican presidential candidate to a person has come out in opposition to this. So it shows how difficult this will be.

But, the president has threatened to veto any bill that would block this. And it would be very difficult to see how a veto would be overridden, that

takes a vote of two-thirds of congress. And there are enough people from the president's own party to presumably block that.

But it's very much an open question here. People are still studying this deal.

ANDERSON: All right, let's just briefly hear from one of these presidential candidates, Hillary Clinton. This is what she had to say.

(BEGIN VIDEO CLIP)

[11:45:07] HILLARY CLINTON, FRM. SECRETARY OF STATE: I think this is an important step that puts the lid on Iran's nuclear programs and it will

enable us, then, to turn our attention, as it must, to doing what we can with other partners in the region and beyond to try to prevent and contain

Iran's other bad actions.

(END VIDEO CLIP)

ANDERSON: OK. And we've had Jeff with us from Capitol Hill. Thank you, Jeff.

I just want to get you some more news just coming in to this Iran agreement. The NATO chief calling it an historic breakthrough, and I

quote, "this agreement represents an historic breakthrough, which once fully implemented will strengthen international security." Remember, which

as he said, "once fully implemented will strengthen international security."

There is a lot further to go on this deal, of course. It isn't fully implemented at this point.

Live from Abu Dhabi, this is Connect the World with me, Becky Anderson. Still ahead, one sector in Iran is hoping for a boost after this deal.

Tourism sites open for business and hoping for a boom.

I want to get you around one of those after this.

Plus, how the Iran deal may impact your wallet. The global oil markets react to the agreement. I'm going to get you that story in about five

minutes.

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE (through translator): For sure it's a good feeling. Removing the sanctions that had put a lot of pressure over our country.

And maybe people would say everything is OK, but you can see the effects on people. And I hope that the conclusions of the agreement would be what

we're looking for and be great.

(END VIDEO CLIP)

ANDERSON: Welcome back. You're watching CNN. This is Connect the World with me, Becky Anderson. As you just heard, the lifting of sanctions on

Iran will have a major impact inside the country itself, but it will also affect all of us around the world. That is because Iran holds some of the

world's largest energy reserves.

Amir Daftari reports on how we may feel the benefits particularly strongly here in the United Arab Emirates.

(BEGIN VIDEOTAPE)

AMIR DAFTARI, CNN INTERNATIONAL CORRESPONDENT: Wooden dhows piled high with goods from around the world, preparing to sail from Dubai to Iran, a

centuries old trade route, enduring to this day.

With around 60 kilometers between them, these two neighbors have a long history of cultural and economic ties. Iran is resource right. It has the

fourth largest oil reserves in the world and sits on the second largest reserves of natural gas, not to mention the man power, an educated

population of nearly 18 million people.

Meanwhile, the UAE is home to the second largest Iranian expat community in the world. So few places are better positioned to benefit from the lifting

of sanctions than the Emirates, especially Dubai.

XANYAR KAMANGAR, FOUNDING PARTNER GRIFFON CAPITAL: Dubai is going to be the hub for Iran the same way Hong Kong or Singapore have been the hub for

China.

DAFTARI: Xanyar Kamangar is a founding partner of Griffon Capital, a new firm that acts as a bridge for investors looking to unlock Iran's

potential.

Right now it seems it's got a monopoly on trade with Iran. Do you think Iran will lose out as Iran opens up?

KAMANGAR: No, I think Dubai actually will benefit immensely as Iran opens up, whether it's from trade, whether it's from multinationals wanting to do

business with Iran, with sort of -- against strengthening their offices in Dubai as a launch position to do business with Iran. So, I think in that

sense Dubai would actually benefit.

DAFTARI: With Iran and world powers taking the first steps towards implementing the nuclear deal, cities like Dubai will play a pivotal role,

not only in securing their own economic goals, but also in securing Iran's return to the international community.

Amir Daftari, CNN, Dubai.

(END VIDEOTAPE)

ANDERSON: Well, global oil prices have been volatile on the back of the Iran deal. With sanctions on the country now set to be lifted, Iran's vast

oil supply could soon flood world markets.

Well, let's cross to Robin Mills in Dubai. He's the head of consulting at Manar Energy, an expert in global energy.

Robin, I'll say soon, but it will take some time to ramp up production to the sort of capacity of pre-sanctioned days. Be that as it may, how big an

impact will Iran have going forward?

ROBIN MILLS, MANAR ENERGY: Well, we've already seen an impact on oil markets with oil price falling 2 percent today. And that was kind of

interesting, given that I think this deal was widely expected and not a big surprise in the market. Nevertheless, it reacted.

But I Think the main impact on the oil market from Iran is going to be longer term. It will take some time for Iran's oil to come back to the

market. It'll have to reestablish its customers, and of course it will also have to demonstrate full compliance with the various criteria that it

has agreed to under this agreement before the EU and the U.S. sanctions are lifted to enable it to export freely and to repatriate its money.

So, it'll take time to see the full impact. And it will certainly take longer, it'll take several years before we see a lot of investment into the

Iranian oil and gas sector to boost production and boost exports.

So, at the moment they'll just be trying to get back to where they were presanctions, back to the level of 2011 or the early part of 2012. And I

don't think they'll get all the way back to that until they get substantial foreign help.

ANDERSON: Yeah, and that's interesting, the Iranian oil minister admitting to CNN quite recently, I think it was at the OPEC meeting that it may take

as long as four years to get back -- or more -- to get back to pre-sanction capacity.

I want to drill down on who might benefit most from Iran being brought in from the cold. When you're talking about the oil industry, who will

benefit most?

MILLS: Well, in the near-term, all oil consumers are going to benefit. And that particularly means the big ocean consumers who have been

continuing to buy Iranian oil during the sanctions period, but at reduced levels. So that's particularly China, India, Japan, Korea and Turkey,

those have been the main customers.

And of course European countries will be able to buy again to buy Iranian oil, so that will help Greece and Italy in particular.

But of course they're already substituting Iranian oil from other sources.

But really energy consumers anywhere in the world will benefit because prices are going to come down. Obviously that's bad news for other oil

producers and it's bad news for the oil companies.

But the oil companies themselves will be looking at Iran very closely, of course already looking are looking in terms of new projects and I think

particularly the European oil companies, ENI, Total (ph), Shell and so on will be very interesting in Iran.

ANDERSON: Let me just ask you a very brief question here. So how does Iran's coming back in from the cold, as it were, within the context of the

oil market affect the sort of tectonic plate shifting when it comes to Europe's reliance on Russian oil and gas?

MILLS: Well, I think that's a very important angle. On the oil side, it's a little bit different from the gas side.

Of course, you know, oil can be moved easily around the world. So there was not so much a direct threat to European oil supplies being cut off, it

was really about shifting supplies. But definitely having more oil in the market is a negative factor for Russia, because Russia of course very

dependent on oil revenues, and Iranian oil will compete with it and will reduce global oil prices generally and will give the Europeans some more

certainty of supply.

I think it's in gas that the game is perhaps more strategic and more interesting in the longer term. Of course, Russia has been trying to cement

its control over the European gas market, financing new pipelines and trying to strike deals with certain European countries like Turkey and

Greece.

But on the other hand, Iran has long wanted to export its large gas reserves to various neighbors around the world, but including very much

Turkey and through Turkey to Europe.

That's a longer-term project. The Iranians didn't make it work 10 years ago when they last tried, but now they'll have another go at it.

But it's a competitive market. And I think (inaudible) an easy one for the Iranians to crack.

[11:55:45] ANDERSON: I'm going to have to stop you there. I need to take a very short break. But we do appreciate your analysis. Thank you very

much indeed. Robin Mills out of Dubai.

Taking a very short break. Coming up, it has been an historic day in Vienna where a nuclear deal with Iran has been signed after months of tough

negotiations. Some of the best images surrounding this major diplomatic breakthrough coming up.

(COMMERCIAL BREAK)

ANDERSON: Well, on tonight's Parting Shots, this was the moment the agreement between the IAEA and Iran was signed. Today, that moment also

shared by Iran's president Hassan Rouhani on social media. And you can see the happy faces of those involved.

One man seemed happier than most -- Iran's foreign minister Mohammad Javid Zarif who was smiling and even sharing a laugh with his European

counterparts.

I'm Becky Anderson. That was Connect the World. Thank you for watching. CNN continues.

END