U.S. Treasury Secretary Jack Lew delivers a speech to the U.S.-Israel Joint Economic Development Group in Jerusalem June 18, 2014. REUTERS/Baz Ratner
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U.S. Treasury Secretary Jack Lew said Iran's economy remained in a state of distress due to sanctions over its nuclear program and that the U.S. would not rush into making a bad deal to prevent Iran from obtaining a nuclear weapon.Such sustained pressure gives the United States the opportunity to pursue a negotiated agreement with Iran, in conjunction with its P5+1 partners, that will assure the international community that Iran's nuclear program is entirely peaceful, Lew said.Lew said the United States was concerned about the "grave situation" in Iraq.
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