Iran and IAEA agreed on nuclear fuel exchange formula

PanARMENIAN.Net -
Iran and IAEA agreed on a formula for sharing low-enriched uranium to 20 per cent enriched overseas, but the details have to be agreed yet: the exchange time, place and quantity, Iranian Foreign Minister Manouchehr Mottaki said after a meeting with the RF Minister of Foreign Affairs Sergei Lavrov in Munich.



"The main thing that both sides recognize the formula for the exchange of fuel," he said. Mottaki called the remaining details as "three key elements", which would guarantee the peaceful nature of Iran's nuclear program.



"Time is required to enrich uranium to 20 per cent and our colleagues in negotiations agree with this," Mottaki said. He suggested that it will likely take five to six months to produce the enriched uranium abroad.



"We agree and cannot wait until everything is ready, and we can exchange 3.5 per cent uranium to 20 per cent," Foreign Minister of Iran explained.



Mottaki did not give a specific answer which country can enrich fuel for Iran, saying that the "enrichment under the supervision of the International Atomic Energy Agency" can be one of the options.



"We hope that all parties can demonstrate a political will to implement this formula," Iranian Foreign Minister said.



In his turn, Sergei Lavrov, in a separate interview with reporters said that they discussed with Mottaki various options for the program implementation about the additional enrichment of Iranian uranium abroad, launched in Geneva by Six negotiators (the five permanent UN Security Council members and Germany) together with IAEA.



"I hope that after today's talk there is a chance that we will find a scheme of reloading of the research reactor in Tehran, and it will be implemented", Lavrov said, RIA Novosti reported.



Iran and IAEA agreed on a formula for sharing of low-enriched uranium for enriched to 20 per cent abroad, Iranian Foreign Minister Manouchehr Mottaki told a news conference.