Tuesday, February 14, 2012

Iran

Iran To Make Counteroffer On Nuclear Program

Iranian Foreign Minister Manuchehr Mottaki (file photo) (epa)

June 10, 2006 -- Iran says it will make its own offer in response to a package of incentives offered to Iran by the international community in an effort to persuade Tehran to suspend its nuclear program.

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June 10, 2006

Foreign Minister Manuchehr Mottaki said Tehran's offer may either be a variation of the proposal made by three European powers, the United States, China, and Russia, or an entirely new package.

Mottaki did not elaborate on how the Iranian proposal might differ from the international package.

World powers have given Iran several weeks to accept or reject the package of incentives.

Iran has so far rejected the idea of halting the enrichment of uranium, saying its program is intended only to produce low-enriched uranium for use by its electricity industry. The United States fears Iran wants to develop an atomic bomb.

(AP, Reuters)

What The Street Thinks

A demonstration in support of Iran's nuclear program outside the Isfahan uranium-conversion facility in Isfahan in January (epa)

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An annotated timeline of Iran's nuclear program.

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