Iran says will abide by framework nuclear deal 'so long as world powers do too'

Iranian President Hassan Rouhani has assured the world that the nation will abide by the terms of the preliminary nuclear agreement that it signed with six world powers, "so long as they do too."

In a televised address to the nation, Rouhani said that Iran did not intend to cheat but added that the country will have "other options" if world powers one day decided to follow a different path, reported the BBC.

The framework nuclear deal will require Iran to reduce its uranium enrichment capacity in exchange for relief from sanctions. Also, Iran's nuclear facilities will be subject to regular International Atomic Energy Agency (IAEA) inspections.

The Middle East nation will have to rebuild its heavy-water reactor in Arak so that it cannot produce any more weapons-grade plutonium.

The talks between the so-called P5+1 nations- the US, UK, France, China and Russia plus Germany - and Iran continued well beyond the self-imposed deadline of March 31.

The world powers and Iran will now seek to draft a comprehensive nuclear accord by June 30.