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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: zonder who wrote (25585)3/14/2005 11:25:32 AM
From: mishedlo  Read Replies (1) of 116555
 
Khatami agrees to suspend Iran's uranium enrichment program

Iranian president Mohammad Khatami has agreed to suspend the uranium enrichment program though he asserted that Iran had a right to develop its own nuclear technology.

The Iranian president while visiting Venezuela said, “We have accepted postponing the activities of uranium enrichment in a voluntary way and only temporarily, even though we have no obligation. We are doing this for moral reasons. We are ready to cooperate with the world to give more certainty that Iran is not moving toward the creation of nuclear arms."

On Friday the United States gave in to the demands of Britain, Germany and France by withdrawing opposition to the application of Iran into the World Trade Organisation.This is being viewed as a serious effort to bolster European negotiations with the Tehran regime over its nuclear program.

If Iran goes back on its promise to halt its uranium enrichment program then the European countries have agreed to put the case in the hands of the U.N security council. Iran has maintained from the start that their nuclear program, which it is building with the help of Russia, is for a peaceful means only and not for nuclear arms as feared by the United States.

Cyrus Naseri, a senior Iranian negotiator in nuclear talks with the European Union, has dismissed the U.S move as ridiculous saying that this is a mere gesture and cannot be called as an offer. Taking a dig at the American diplomats he said, "It is like trading a lion for a mouse. Would the United States be prepared to give up its own nuclear fuel production against a cargo of pistachios delivered in truckloads?"

earthtimes.org
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