Iran offers to cap sensitive uranium stock as IAEA resolution looms | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
June 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JUNE 13, 2025
Iran offers to cap sensitive uranium stock as IAEA resolution looms

Middle East

Reuters
20 November, 2024, 12:40 pm
Last modified: 20 November, 2024, 12:43 pm

Related News

  • Trump's 'peacemaker' pledge takes big hit as Israel strikes Iran
  • UN chief urges 'maximum restraint' after Israel strikes Iran
  • After Israel strikes Iran, airlines divert flights, airspace closed
  • Iran armed forces chief Bagheri killed in Israeli attack: State TV
  • Iran vows 'a harsh response' to Israeli attack

Iran offers to cap sensitive uranium stock as IAEA resolution looms

One of two confidential International Atomic Energy Agency reports to member states, both seen by Reuters, said Iran had offered not to expand its stock of uranium enriched to up to 60% purity, near the roughly 90% of weapons grade, and had made preparations to do that

Reuters
20 November, 2024, 12:40 pm
Last modified: 20 November, 2024, 12:43 pm
International Atomic Energy Agency (IAEA) Director General Rafael Grossi and the deputy chief of the Atomic Energy Organisation of Iran, Behrouz Kamalvandi, pose for a photo at the Natanz nuclear site in Isfahan, Iran, November 15, 2024. Photo: Atomic Energy Organisation of Iran/WANA (West Asia News Agency)/Handout via REUTERS/File Photo
International Atomic Energy Agency (IAEA) Director General Rafael Grossi and the deputy chief of the Atomic Energy Organisation of Iran, Behrouz Kamalvandi, pose for a photo at the Natanz nuclear site in Isfahan, Iran, November 15, 2024. Photo: Atomic Energy Organisation of Iran/WANA (West Asia News Agency)/Handout via REUTERS/File Photo

Iran has tried in vain to prevent a Western push for a resolution against it at the UN nuclear watchdog's board meeting by offering to cap its stock of uranium just shy of weapons grade, the watchdog and diplomats said on Tuesday.

One of two confidential International Atomic Energy Agency reports to member states, both seen by Reuters, said Iran had offered not to expand its stock of uranium enriched to up to 60% purity, near the roughly 90% of weapons grade, and had made preparations to do that.

The offer is conditional, however, on Western powers abandoning their push for a resolution against Iran at this week's quarterly meeting of the IAEA's 35-nation Board of Governors over its lack of cooperation with the IAEA, diplomats said, adding that the push was continuing regardless.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Iran's Foreign Minister Abbas Araqchi told his French counterpart Jean-Noel Barrot that the push from France, Germany and Britain to submit a resolution against Tehran would "complicate matters" and contradict the "positive atmosphere created between Iran and the IAEA", the Iranian foreign ministry said on Wednesday.

During IAEA chief Rafael Grossi's trip to Iran last week, "the possibility of Iran not further expanding its stockpile of uranium enriched up to 60% U-235 was discussed," read one of the two quarterly IAEA reports.

It added that the IAEA had verified Iran had "begun implementation of preparatory measures". A senior diplomat added that the pace of enrichment to that level had slowed, a step necessary before stopping.

Western diplomats dismissed Iran's overture as yet another last-minute attempt to avoid censure at a board meeting, much like a vague pledge of deeper cooperation with the IAEA in March of last year that was never fully implemented.

"Stopping enriching to 60%, great, they shouldn't be doing that in the first place as we all know there's no credible civilian use for the 60%," one Western diplomat said, adding: "It's something they could switch back on again easily".

Iran's offer was to cap the stock of uranium enriched to up to 60% at around 185 kg, or the amount it had two days ago, a senior diplomat said. That is enough in principle, if enriched further, for four nuclear weapons, according to an IAEA yardstick. Iran denies seeking nuclear weapons.

The report said Iran's stock of uranium enriched to up to 60% had grown by 17.6 kg in the past quarter to 182.3 kg as of Oct. 26, also enough for four weapons by that measure.

INSPECTORS

The second report said Iran had also agreed to consider allowing four more "experienced inspectors" to work in Iran after it barred most of the IAEA's inspectors who are experts in enrichment last year in what the IAEA called a "very serious blow" to its ability to do its job properly in Iran.

Diplomats said they could not be the same inspectors that were barred.

The reports were delayed by Grossi's trip, during which he hoped to persuade Iran's new President Masoud Pezeshkian to end a standoff with the IAEA over long-running issues like unexplained uranium traces at undeclared sites and extending IAEA oversight to more areas.

The draft resolution backed by Britain, France, Germany and the United States condemning Iran for its poor cooperation with the IAEA would also task the IAEA with issuing a "comprehensive report" on Iran's nuclear activities, diplomats said.

There is little doubt the board will pass the resolution, due to be formally submitted on Tuesday evening for a vote later this week. The last resolution against Iran was in June. Only Russia and China opposed it.

The aim is to pressure Iran to return to the negotiating table to agree to fresh restrictions on its nuclear activities since a 2015 deal with far-ranging curbs fell apart. Although most of its terms have been broken, the deal's "termination day" formally lifting them is in October of next year.

It is the last quarterly board meeting before US President-elect Donald Trump takes office on Jan. 20.

Trump pulled the United States out of the nuclear deal in 2018, which prompted its unravelling. It is far from clear if he would back talks with Iran, having pledged instead to again take a more confrontational approach and align Washington even more closely with Iran's arch-foe Israel, which opposed the deal.

Top News / World+Biz

Iran / IAEA / IAEA Director Rafael Grossi

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Rescuers work at the scene of a damaged building in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Israel hits Iran nuclear facilities, missile factories; Tehran launches 100 drones in retaliation
  • US President Donald Trump arrives at the White House on Marine One from Camp David, in Washington, US, June 9, 2025. REUTERS/Evelyn Hockstein/ File Photo
    Trump's 'peacemaker' pledge takes big hit as Israel strikes Iran
  • A building stands damaged in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025. Photo: Reuters
    Israel declares state of emergency: Defence ministry

MOST VIEWED

  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
    Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
  • UK Prime Minister Keir Starmer, Chief Adviser Muhammad Yunus
    Disclosure of unconfirmed Yunus-Starmer meeting shows ‘diplomatic imprudence’: Analysts
  • Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom
    Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom

Related News

  • Trump's 'peacemaker' pledge takes big hit as Israel strikes Iran
  • UN chief urges 'maximum restraint' after Israel strikes Iran
  • After Israel strikes Iran, airlines divert flights, airspace closed
  • Iran armed forces chief Bagheri killed in Israeli attack: State TV
  • Iran vows 'a harsh response' to Israeli attack

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

1d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

4d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

5d | Bangladesh

More Videos from TBS

Israel strikes Iran nuclear facilities

Israel strikes Iran nuclear facilities

28m | TBS World
Banks' estimates were wrong: Bangladesh Bank spokesperson

Banks' estimates were wrong: Bangladesh Bank spokesperson

16h | Podcast
What exactly happened to the ill-fated Boeing aircraft?

What exactly happened to the ill-fated Boeing aircraft?

17h | TBS World
Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

17h | TBS Insight
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net