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Iran signs nuclear fuel swap deal with Turkey, Brazil

05-17-2010 18:25 BJT

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Iran has signed a nuclear fuel swap agreement with Turkey and Brazil, as leaders from the latter two nations offered to mediate in search of a resolution to the ongoing nuclear impasse.

Under Sunday's deal, Iran will ship 12-hundred kilograms of low-enriched uranium to Turkey. In exchange, Turkey will hand over higher-grade 20-percent uranium, which Iran says it needs for nuclear power facilities and medical purposes. The exchange will take place in Turkey. The IAEA will receive a letter on the agreement within a week. The swap will take place nearly a month after receiving official approval from the IAEA, the US, and other countries.

This agreement could revive an earlier IAEA proposal calling on Iran to ship its low-enriched uranium to Russia, and then transfer it to France for enrichment. Turkey's Foreign Minister says there is now no need for further UN sanctions against Iran. Brazil's Foreign Minister notes that the agreement recognizes Iran's right to peaceful nuclear energy.

Iranian President Mahmoud Ahmadinejad, center, joins hands with his Brazilian counterpart Luis Inacio Lula da Silva, second left, and Turkish Prime Minister Recep Tayyip Erdogan, after the three nations signed a nuclear fuel swap deal in Tehran, Iran, on Monday.(Vahid Salemi/AP)
Iranian President Mahmoud Ahmadinejad, center, joins hands with his Brazilian
counterpart Luis Inacio Lula da Silva, second left, and Turkish Prime Minister
Recep Tayyip Erdogan, after the three nations signed a nuclear fuel swap deal
in Tehran, Iran, on Monday.(Vahid Salemi/AP)

Editor:Yang Jie |Source:

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