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Edition: U.S. Article Comments (5) Save Email Print Reprints Most Popular Most Shared WRAPUP 3-US to check BP spill size, heavy oil comes ashore 9:14am EDT UPDATE 1-Crystal to battle Lee for "American Idol" title 1:11am EDT U.S. backs Seoul's charge that North Korea sank ship 19 May 2010 Factbox: Reaction to South Korea boat sinking report 3:28am EDT Who's packing ERs? Not the uninsured 19 May 2010 WRAPUP 8-Uneasy peace in Thailand, uncertainties lie ahead 8:11am EDT U.S. to check BP spill size, heavy oil comes ashore | Video 9:46am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 UPDATE 5-Greek strikers march on parliament against cuts 9:11am EDT Euro and world stocks slide on global growth fears 10:46am EDT Viagra could double risk of hearing loss 19 May 2010 U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Generation Y: Educated, underemployed and in debt 19 May 2010 Who's packing ERs? Not the uninsured 19 May 2010 After Facebook, Pakistan shuts down YouTube 8:50am EDT FDA: Glaxo, Merck vaccines OK despite pig virus 14 May 2010 U.S. backs Seoul's charge that North Korea sank ship 19 May 2010 Pakistan blocks Facebook over caricatures | Video 19 May 2010 Uneasy peace in Thailand, uncertainties lie ahead | Video 8:37am EDT Democrats try to advance Wall Street reform bill | Video 11:24am EDT Iran "could cancel uranium deal over sanctions" TEHRAN Thu May 20, 2010 8:57am EDT Related News Iran dismisses U.N. sanctions draft Wed, May 19 2010 Iran dismisses U.N. sanctions draft Wed, May 19 2010 Obama hails U.N. Iran sanctions draft Wed, May 19 2010 Iran dismisses U.N. sanctions draft Wed, May 19 2010 Timeline: Iran's nuclear program Wed, May 19 2010 TEHRAN (Reuters) - Iran could cancel its agreement with Turkey and Brazil to transfer some of its uranium abroad if the U.N. Security Council approves a new round of sanctions against it, a member of parliament said on Thursday. World | Brazil | Turkey Brazil and Turkey brokered a surprise deal this week in which Iran agreed to send some low-enriched uranium abroad in return for fuel rods for a medical research reactor. The first batch is due to arrive in Turkey within a month. Such an arrangement was first suggested as a way of allowing the international community to keep track of nuclear material the West suspects Iran wants to use in nuclear weapons. Turkey, Brazil and Iran have urged a halt to talk of further sanctions because of the deal, but critics describe it as only a tactic to avert or delay sanctions. Despite the deal, Washington has circulated a draft sanctions resolution, agreed to by all five permanent U.N. Security Council members after months of negotiation. "If (the West) issues a new resolution against Iran, we will not be committed to Tehran's statement and dispatching fuel outside Iran will be canceled," prominent lawmaker Mohammad Reza Bahonar was quoted as saying by Iran's Mehr news agency. "Major powers along with the U.N. Security Council have reached consensus about Iran and it is highly probable that in the near future the fourth round of resolutions becomes operational against Iran," Bahonar added. The new sanctions would target Iranian banks and call for inspection of vessels suspected of carrying cargo related to Iran's nuclear or missile programs. Iran has previously dismissed the draft resolution as lacking legitimacy and unlikely to come to pass. It says its atomic ambitions are purely non-military and refuses to suspend uranium enrichment. "The Americans will take their wish to harm the Iranian nation to their graves," President Mahmoud Ahmadinejad was quoted as telling military officials on Thursday by state news agency IRNA. (Reporting by Ramin Mostafavi; writing by Andrew Hammond; editing by Andrew Roche) World Brazil Turkey Comments See All Comments (5) | Post Comment May 20, 2010 10:54am EDT The US and it’s allies seem hell-bent on punishing Iran, which has not broken any international laws and has acted within it’s right to pursue nuclear energy, in order to appease Israel, which has and is breaking international laws with it’s squatter policies, apartheid practices and nuclear arsenal. oracle52 Report As Abusive May 20, 2010 11:10am EDT Opportunity for Iran to show the hypocrisy of the west. First continue with the nuclear swap deal with Turkey. Iran should state clearly that any embargo of its shipping is considered an act of war, since they have no weapons program. Should get Russia and China to support this position. wareagleone Report As Abusive May 20, 2010 11:30am EDT Iran never had any intent to follow through with the “swap”. They are just playing for time until they can build and test a nuclear weapon to use as blackmail against its neighbors. The West is not being hypocratic when it sees that Iran is exporting weapons and money to terrorist groups worldwide. Next on the list: nuclear materials and possibly a device….. The iranian people deserve an honest and responsible government. Instead they have inherited a duplicitous and religious fanatic group of despots that think that playing games equals governing….. searider Report As Abusive May 20, 2010 11:48am EDT Really? Surprised? IMO, Iran had no intention of following through with the agreement with Turkey and Brazil anyway. Iran only agreed to buy yet more time to further their nuclear agenda. And I don’t mean power plants… Iran is playing the West and the rest of the World for the fools we are. They will produce their bomb-grade material, build their bombs, and perfect their ICBM and missile technology. Sanctions mean NOTHING to this regime in power in Iran… The_Traveler Report As Abusive May 20, 2010 11:50am EDT We need to stop being the world police. These third world countries are seeking nuclear weapons in hopes of deterring further western aggression. We would do the same. If Iran or North Korea were to actually fire a nuclear weapon at anyone they would be summarily destroyed. This is just more flag waving. justanotherjoe Report As Abusive See All Comments (5) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. 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. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week 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. 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