Tehran loses nothing in the peace deal Secretary of State John Kerry is negotiating with Europeans leaders and Iran in Geneva, Retired Lt. Col. Ralph Peters said Friday.

“Based on the details we know thus far, the Iranians give up nothing. They destroy no centrifuges. They reverse no processes. They take a very brief time out, while we loosen sanctions enough to rescue their collapsing economy,” Peters told Fox News “America’s Newsroom.”

“This is an idiotic deal,” Peters, a Fox News military analyst, added. “Sanctions have been working. And, we’re going to throw it away.”

Kerry arrived in Geneva Friday to meet with European leaders and Iran about a possible agreement to curb Iran’s nuclear weapons program. Details of the agreement are thought to offer Iran temporary relief from economic sanctions, if Iran freezes nuclear enrichment, Fox News reported.

Reaction from Israeli Prime Minister Benjamin Netanyahu was swift, as he told reporters, “Iran got the deal of the century. And, the international community got a bad deal.”

Conflict over Iran’s nuclear program has been ongoing, as Iran said it’s nuclear program was to produce energy, while the U.S. and allies suspected its purpose was for building nuclear weapons.