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Source: http://www.npr.org/2014/12/29/372485968/transcript-president-obamas-full-npr-interview
Obama: A Nuclear Deal Would Serve as a Basis for Improved Relations with Iran; Does Not Rule Out Embassy in Tehran
(National Public Radio) President Obama said in an interview published Monday: "Tehran [Iran] is a large, sophisticated country that has a track record of state-sponsored terrorism, that we know was attempting to develop a nuclear weapon - or at least the component parts that would be required to develop a nuclear weapon - that has engaged in disruptions to our allies, whose rhetoric is not only explicitly anti-American but also has been incendiary when it comes to its attitude towards the state of Israel." "Having said that, if we can get a deal on making sure that Iran does not have a nuclear weapon...if we can take that big first step, then my hope would be that that would serve as the basis for us trying to improve relations over time."