Iran is open to basing a nuclear deal with the U.S. around the idea of a regional uranium enrichment consortium, so long as it is located within Iran, a senior Iranian official tells Axios, APA reports.
The regional enrichment consortium is a key element in the proposal White House envoy Steve Witkoff gave Iran on Saturday. It's an attempt to reconcile President Trump's position that Iran can't be allowed to enrich uranium and Tehran's insistence that enrichment on its soil must continue.
"If the consortium operates within the territory of Iran, it may warrant consideration. However, should it be based outside the borders of the country, it is certainly doomed to fail," the senior Iranian official told Axios.
In theory, the consortium would include the U.S., Iran and countries like Saudi Arabia, the UAE, Qatar and even Türkiye.
It would supply nuclear fuel to countries who want to develop civilian nuclear programs and be monitored by International Atomic Energy Agency (IAEA) inspectors.
According to the U.S. proposal, Iran won't be allowed to develop domestic enrichment capabilities beyond those necessary for civilian purposes.
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