Iranian President Mahmoud Ahmadinejad said on Jan. 24 that his country was resolved to produce its own highly enriched uranium — a long-standing bone of contention between Tehran and the West. The West offered Iran a draft nuclear deal last November under a resolution of the International Atomic Energy Agency (IAEA) that called for Tehran to trade about 80 percent of its domestically produced low-grade uranium for highly enriched nuclear fuel from France and Russia.
The uranium would then be converted into fuel rods and returned to Iran for use in the medical research. Such an arrangement was designed to reduce Iran’s ability to make a nuclear weapon quickly and buy more time for negotiations. Iran has rejected the offer.