Ahmadinejad: Iran would welcome uranium exchange deal

Iranian President Mahmoud AhmadinejadTehran  - Iranian President Mahmoud Ahmadinejad said Thursday that Iran would welcome a uranium exchange deal proposed with Russia, the United States and France.

"We welcome the uranium exchange deal and are ready for cooperation, but the countries involved in the deal should also fulfil their commitments," Ahmadinejad said in a speech in Mashad in north-eastern Iran that was broadcast on television.

Ahmadinejad did not say whether Iran would definitely accept the deal as it was agreed in Vienna last week or demand amendments.

According to Iran's Mehr news agency, Iran is to present the Iranian reply to the proposed uranium exchange deal Thursday to the International Atomic Energy Agency in Vienna.

The United States, Russia and France have agreed to a plan to reduce Iran's enriched uranium stock by processing it abroad. The deal would build some confidence that Iran would not use its uranium to make bombs but rather as fuel for a medical-use reactor. (dpa)