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Iran Willing To Have Brazil Mediate On Fuel Swap

Iran President Mahmud Ahmadinejad speaks at the opening meeting of the 2010 NPT review conference at the UN.
Iranian President Mahmud Ahmadinejad has agreed "in principle" to have Brazil try to revive a UN-backed fuel swap deal aimed at allaying Western fears over Tehran's nuclear program.

The semi-official Fars news agency quoted the Iranian leader a day after Brazilian President Luiz Inacio Lula da Silva said his country is ready to help find a solution to the Iranian nuclear standoff.

Under the deal, Iran would send uranium abroad in exchange for nuclear fuel for a research reactor.

However, the agreement broke down after Tehran insisted the swap take place inside Iran.

The United States, France, and Russia refuse to renegotiate the deal.

Washington is leading efforts to pass a fourth round of UN Security Council sanctions against Iran for its failure to stop enriching uranium.

At the nuclear Nonproliferation Treaty review conference at the UN this week, U.S. Secretary of State Hillary Clinton said Iran's nuclear ambitions put the world at risk.

Speaking on the sidelines of the same conference, Ahmadinejad said Iran will withstand any new sanctions.

compiled from agency reports