Politics

Iranian President Mahmoud Ahmadinejad has...

"Some people made a fuss about it. But there is no problem. We will seal a contract and we will give you 3.5% uranium to enrich it to 20% in four or five months and return it to us," Ahmadinejad said in an interview aired on state TV.

Iran, which is already under three sets of UN sanctions for refusing to halt uranium enrichment, insists it needs nuclear technology to generate electricity, while Western powers suspect it of pursuing an atomic weapons program.

An international plan intended to resolve the nuclear deadlock stipulates that Iran ships its low-enriched uranium to Russia and France for further enrichment and processing into fuel for power plants. Iran would not thereby be able to enrich uranium to make weapons.

Tehran had long disagreed, suggesting it could consider a simultaneous swap of its nuclear fuel for other uranium, but that the exchange would have to take place on its own territory.

Ahmadinejad dismissed concerns that the uranium would

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