What does Islam say about reading the Quran in a language other than Arabic?

Is it necessary to read the Quran in Arabic? I have learned from elders and also seen many videos stating that understanding the meaning of the Qur'an is more important than just reading it. As i don't understand Arabic i would like to read the Quran in a language that i understand like English. So is it permissible that i read the Quran in english (or any other language) while not reading the Arabic part? ---------- Let us assume that the translations are 100% correct.