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Slideshow Iran denies offering new plan on nuclear impasse Tweet Share this Email Print Related News As rial plunges, Congress looks at expanding Iran sanctions Fri, Oct 5 2012 U.N. chief says sanctions on Iran affecting its people Fri, Oct 5 2012 Iran atomic cooperation could spur fast sanctions relief: Clinton Wed, Oct 3 2012 UPDATE 4-Iranian police clash with protesters over currency plunge Wed, Oct 3 2012 Iranian smugglers squeezed out by currency in freefall Wed, Oct 3 2012 Analysis & Opinion Counterparties: Hyperinflation is so hot right now (in Iran) Is it Ahmadinejad’s last hurrah? Related Topics World » United Nations » Middle East Turmoil » DUBAI | Sat Oct 6, 2012 9:51am EDT DUBAI (Reuters) - Iran denied on Saturday a U.S. media report that it had offered a "nine-step plan" aimed at solving its stand-off with the West over its disputed nuclear program. The New York Times reported on Thursday that Iran had proposed a plan to European officials that required the West to lift harsh oil and economic sanctions in return for the eventual suspension of uranium enrichment by Tehran. It reported Iranian officials tried to gather support for the proposal during a visit last month to the United Nations. Several rounds of negotiations over the nuclear program between Iran and world powers - the United States, France, Britain, Russia, China and Germany, known collectively as the P5+1 - have failed to secure any breakthroughs. The powers fear that Iran is trying to develop a nuclear bomb. Tehran says its program is for peaceful purposes. The Iranian plan described by the New York Times would likely be a non-starter, as the six powers have demanded Tehran halt its 20 percent enrichment of uranium; ship any stockpile out of the country; close down an underground enrichment facility, Fordow; and permit more intrusive U.N. inspection of its work. Tehran has refused to meet those demands unless economic sanctions choking its oil exports are lifted first, and denied on Saturday that it had made any new offers to the West to break an impasse that has lasted nearly a decade. "No new offer outside of the framework of the P5+1 negotiations during the last meeting of the United Nations has been made, and the claims of some American news organizations in this regard are baseless," Mehr news agency on Saturday quoted Iran's chief nuclear negotiator, Saeed Jalili, as saying. Sanctions have begun to take a serious toll on Iran's economy, with its currency the rial dropping by around a third in value against the dollar in less than two weeks. The United States Congress is considering expanding American economic sanctions against the Islamic Republic. Israeli Prime Minister Benjamin Netanyahu has not ruled out using force to halt the nuclear program. The United States, Israel's main ally, says it will not allow Tehran to produce the bomb, but sanctions should be given more time to work before force is considered. (Reporting by Yeganeh Torbati; Editing by Alison Williams) World United Nations Middle East Turmoil Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) xcanada2 wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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