Uranium Consortium for Iran's Nuclear Program

Monday, November 5, 2007

A top Iranian official says the proposal to form a regional uranium consortium undermines Iran's legitimate rights as an NPT signatory.

Saudi Foreign Minister Prince Saud al-Faisal told the Middle East Economic Digest (MEED) that the Persian Gulf states were ready to form a consortium and provide Iran with enriched uranium to prevent the escalation of international crises over Tehran's nuclear program.

The Majlis National Security and Foreign Policy Commission rapporteur Kazem Jalali described the proposal as "totally ambiguous".

Jalali said it was the internationally-acknowledged right of NPT signatories to have their own uranium enrichment process and nuclear fuel cycle.

The Iranian parliament member added that the whole point was that countries with nuclear power plants provide their nuclear fuel needs without dependency on the West.

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