Iran foreign minister, Manouchehr Mottaki, on Saturday stated that Iran would be willing exchange 882 pounds of uranium in exchange for the equivalent of enriched fuel. Mottaki stated that the rest of Iran’s uranium can be exchanged in the course of a few years. The statements come as a meeting of the US and its allies is scheduled to discuss further Iranian sanctions and is likely meant to divide the parties. The amount of uranium suggested to be initially exchanged by Iran is one-third the amount proposed to be exchanged from a United Nations proposal in October. “The terms of that agreement,” a senior Obama official who spoke on the condition of anonymity said, “call for Iran to send 1,200 kilograms of its low-enriched uranium to Russia in one batch, where it would be further enriched and then sent to France for fabrication into fuel assemblies. We remain committed to these terms.”
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