A good deal, but Iran will need monitoring

Iran nuclear deal is a huge positive-but a qualified one. The country that former US president George W Bush once described as 'evil' now has a chance to prove that it's neither rogue nor evil, no matter its past acts.
The biggest comfort with the deal is that it is not bilateral. Six countries from dramatically different geopolitical interests are signatory to it.
This proves that as many points of views and precautions have been taken into account as was possible in any negotiation.
Another big positive is the unequivocal statement of President Hassan Rohani saying, "Under no circumstances would we seek any weapons of mass destruction, including nuclear weapons, nor will we ever."
Rohani, in a speech on Iranian TV, also urged neighbouring countries to ignore what he called propaganda by its arch foe Israel, saying Iran had a shared interest in the stability of the region.
Yet, given Iran's past record, the country needs to be monitored closely. Right now, there is nothing to believe that the deal doesn't provide for a close monitoring of Iran's nuclear installations and research facilities.
It is open to the idea of inspections of its military installations but may raise objections to the nuclear body.
The lifting of economic sanctions is, of course, a huge economic relief, not only to Iran and the region, but the whole world.
The IMF had only last week downgraded the global GDP growth to 3.3 per cent, and the positive impact of Iran's re-entry into the energy market will be good for most parts of the world.
The deal is risky for sure, if managed and monitored well these are risks worth-taking.