Iran Works Out New Nuclear Proposal to Present to the West

With hopes of ending the nuclear standoff between Iran and Western nations, Tehran is working out a new proposal package. The plan will address issues pertinent to politics, security and the economy. It is also expected to suggest ways in which Iran will prove that it does not pursue hostility with its nuclear program and foreign policy approach.

"We are formulating a new package, which covers a range of political, security and international issues and can be a basis for talks on regional and international affairs," said Iranian Foreign Minister Manouchehr Mottaki.

Iran has already provided several packages in response to Western proposals, which offered Iran certain economic incentives in exchange for Iran halting its uranium enrichment activities.

Although Iran is a member of the Nuclear Non-proliferation Treaty, which enables the nation to use nuclear technology for peaceful civilian purposes, UN resolutions have called for Iran to halt its uranium enrichment program.

At the end of the recent G8 summit US President Barack Obama said Iran must understand that world countries are "seriously concerned" over its nuclear work and that they would not wait "indefinitely" to allow Tehran to develop a nuclear weapon.

Obama also made it clear that he and other G8 leaders want to work out a solution to the standoff that will benefit all nations involved.