In an interim deal reached with the P5+1, Iran agrees to suspend uranium enrichment above 5 percent and to limit other parts of its nuclear program, in exchange for temporary relief from some economic sanctions. The agreement is designed as the first step toward a comprehensive accord to be completed in six months.  It bars Iran from installing or operating new centrifuges and requires Iran to convert its current stockpile of 20 percent enriched uranium. Tehran will also refrain from installing major components at the Arak heavy water reactor and will allow international inspectors to conduct daily monitoring at nuclear facilities. In exchange, Iran will be given access to up to $7 billion in frozen assets and receive relief from certain trade sanctions, which will be reinstated if Iran breaches the deal's terms.