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If Iran becomes a nuclear weapon state it is the end of non-proliferation as we know it. If Iran gets a nuclear weapon you are likely to see Saudi, Egypt and other countries follow suit and we will bequeath to the next generation a nuclear arms race in the world's most unstable region.

I think that Iran with a nuclear weapon is extremely destabilizing. I think it could precipitate a nuclear arms race in the region.

My red line is Iran may not have a nuclear weapon. It is inappropriate for them to have the capacity to terrorize the world. Iran with a nuclear weapon or with fissile material that can be given to Hezbollah or Hamas or others has the potential of not just destabilizing the Middle East.

As long as Iran believes that its security will be increased by having a nuclear program, it's going to pursue its program.

Certainly the international community is putting a lot of pressure on Iran and making clear that its nuclear program must stop. If it stops with the sanctions, the combinations of sanctions, diplomacy, other pressures, I, as the prime minister of Israel, will be the happiest person in the world.

But Iran has gone far beyond what is necessary for a purely civilian programme. It has concealed several nuclear facilities from the International Atomic Energy Agency, played hide-and-seek with the international community, and rejected all offers of co-operation from the U.S., the EU, and others.

There is going to be a nuclear arms race in the Middle East if Iran gets a nuclear weapon. And you are going to see it in Egypt, in Turkey, in the Emirates. All of those people will want that.

Iran with a nuclear weapon or with fissile material that can be given to Hezbollah or Hamas or others has the potential of not just destabilizing the Middle East. But it could be brought here.

In any event, the problem in Iran is much bigger than weapons. The problem is the terrorist regime that seeks the weapons. The regime must go.

Can you imagine what will happen to the global economy if Iran comes out with a nuclear weapon? The whole area will enter a nuclear race - Saudi Arabia, Turkey.