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A look at nuclear incentives for Iran

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Iran says it plans to respond Tuesday to a Western incentives package presented in June to encourage Tehran to suspend uranium enrichment. The package has not been made public, but some of the incentives have been leaked including:

– Lifting some U.S. bilateral sanctions, including a ban on sales of Boeing passenger aircraft and related parts.

– Receiving some nuclear technology to help build nuclear reactors for civilian energy purposes.

– Receiving a guaranteed supply of nuclear fuel.

The United States and its allies accuse Iran of seeking to develop atomic weapons. Tehran insists its nuclear program is intended only to produce power, and Iranian leaders say they will not be pressured into stopping the program. The U.N. Security Council has given Iran until Aug. 31 to suspend enrichment or face the threat of economic and diplomatic sanctions. (Associated Press)

France hopes Iran will grab offer in exchange to end n-programme

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AFP: France said Monday it hoped Iran would seize an offer for economic and nuclear cooperation in exchange for an end to its nuclear programme.

Oil rises as Iran vows to pursue atomic work

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Reuters: Oil rose to almost $72 a barrel on Monday as Iran vowed to pursue its nuclear program, inviting possible sanctions against the world’s fourth-largest oil exporter.

Iran insists will not suspend enrichment – agency

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Reuters: Iran will not suspend uranium enrichment, the main demand in a nuclear package backed by six world powers, the deputy head of Iran’s Atomic Energy Organisation said on Monday.

Iran denies inspectors access to site

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AP: Iran has turned away U.N. inspectors wanting to examine its underground nuclear site in an apparent violation of the Nonproliferation Treaty, diplomats and U.N. officials said Monday.

Annan appeals to Iran for positive response to nuclear deal

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AFP: UN Secretary General Kofi Annan appealed Sunday for Iran to reply positively to a package of incentives offered by major powers in return for a freeze in uranium enrichment.

Japan to oppose sanctions on Iranian oil: report

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AFP: Japan, which is almost entirely dependent on Middle Eastern oil, will oppose United Nations sanctions on Iran’s energy sector over its nuclear program, a newspaper said Monday.

Hezbollah man in Iran rules out disarmament

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AFP: Hezbollah’s representative in Iran has ruled out the disarmament of the Shiite Lebanese militia and said the group will buy new weapons if necessary, in an interview published Monday.

Iran decides response on nuclear package offer: FM

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AFP: Iran has decided on its response to a package offered by world powers for the Islamic republic to freeze nuclear enrichment, visiting Foreign Minister Manouchehr Mottaki said Monday.

Iran to start up heavy water plant for nuclear research reactor

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AFP: Iran said on Monday it would soon start up its heavy water plant in Arak which will feed a nuclear research reactor currently under construction, the semi-official news agency Fars reported.