The Turkish-led deal calls on Iran to ship about 1,000 kilograms of its low-enriched uranium, as well as its entire 30 kilogram stockpile of 20-per cent enriched uranium, to a safe location.
In return, France and Russia will supply ready-made fuel rods for the medical isotope reactor for which Iran says it has been enriching uranium to 20 per cent – a level which halves the time needed to manufacture weapons-grade material.
“We think the deal is doable,” an official involved in the negotiations said, “but there’s still a lot of detail to be worked through.” Turkish and Iranian negotiators, diplomatic sources say, have met several times to discuss the contours of the deal, which they hope to bring to the table next month at a meeting with an international consortium called the P5+1 – the five permanent members of the United Nations Security Council and Germany.
France, Russia and the United States have also been involved in the negotiations, which began after a meeting between Ahmed Davutoglu, Turkey’s foreign minister, and Iranian officials in Bahrain earlier this month.
Earlier this month, talks between the P5+1 and Iran ended in impasse, after it refused to discuss specific nuclear issues. A French diplomat told The Daily Telegraph the discussions consisted of “a lot of monologues”.