Iranian President Hassan Rouhani, in a direct appeal to U.S. President-elect Joe Biden, said his country was willing to return to full compliance with its nuclear deal with world powers if Washington does. If he “returns to the situation as it was in 2017, then so will we,” said Rouhani, who staked his reputation on the success of the accord only to see it unravel after U.S. President Donald Trump took office that year. Trump quit the nuclear deal in 2018 and imposed a crippling sanctions regime on Iran in an effort to isolate it internationally and force it to renegotiate a new agreement. Biden has expressed readiness to rejoin the deal if Iran accepts the limitations on its nuclear activities that it abandoned after Washington withdrew. While Rouhani insisted that the U.S. has to “make up for its past mistakes,” he also signaled that reparations for sanctions damage wouldn’t be a precondition for reviving the agreement. “If we start demanding compensation, then it just means sanctions will last longer,” Rouhani said. “We have to decide how big the damages are, who has to pay, will they pay and which forum decides.” The president also expressed willingness to meet with Biden if the U.S. lifts sanctions and returns to the agreement. If a meeting “were possible this hour, I wouldn’t postpone it to the next,” he said. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake