TEHRAN (Reuters)
Iran would be ready to join a body that would provide enriched uranium for Middle East users, an Iranian official said on Friday, after Saudi Arabia proposed it as a way to defuse Tehran's nuclear row with the West.
"The issue of a consortium is an issue that the Islamic Republic initially came up with," senior Foreign Ministry official Mohammad Reza Bagheri was quoted as saying by the ISNA news agency.
"If Arab countries are ready to take part in a consortium with Iran we still welcome our previous proposal and we are ready to do it," he said in Istanbul, where Iranian officials are taking part in a conference on the situation in Iraq.
Bagheri did not mention the Islamic state's own uranium enrichment work. Iran has consistently refused to heed U.N. demands to halt uranium enrichment which the West suspects is aimed at making bombs an allegation Iran vehemently denies.
Saudi Arabia's foreign minister said in an interview published on Thursday that U.S.-allied Gulf states are willing to set up a body to provide enriched uranium to Iran to defuse Tehran's stand-off with the West over its nuclear ambitions.
Saudi Arabia and other Gulf countries -- Kuwait, Oman, Qatar, Bahrain and the United Arab Emirates -- share Western concerns Iran's nuclear energy programme will lead to it making atomic bombs. Tehran says it wants to produce electricity.
The consortium would distribute enriched uranium for all users in the Middle East according to need and ensure that it is not used for atomic weapons, foreign minister Prince Saud al-Faisal told the Middle East Economic Digest (MEED).
Prince Saud said Iran was considering the offer, which envisages building a plant in a neutral country such as Switzerland.
Comment: The Saudis are not stupid-they know Iran will never accept this. The Saudis trying to distract internal and external pressures by Arabs are going to use this as a bargaining chip with the West. The USA needs Saudi Arabia to remain stable, for a variety of reasons, and now it can act on behalf of the Saudis, indicating what a great idea this might be (already knowing it is a non-starter). The intent is to gain some political cash with other moderate Arab countries. The USA will privately tell Israel. "We are spending a lot of political currency on your behalf-you need to honor this by making the following significant concessions in order to assist Abbas.
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