Iran trumpets nuclear advances, deepening standoff with West
By Parisa Hafezi | Reuters
February 15, 2012



TEHRAN (Reuters) - Iran proclaimed advances in nuclear know-how on Wednesday, including new centrifuges able to enrich uranium much faster, a move that may hasten a drift towards confrontation with the West over suspicions it is seeking the means to make atomic bombs.

Tehran's resolve to pursue a nuclear program showed no sign of wavering despite Western sanctions inflicting increasing damage on its oil-based economy.

"The era of bullying nations has passed. The arrogant powers cannot monopolize nuclear technology. They tried to prevent us by issuing sanctions and resolutions but failed," President Mahmoud Ahmadinejad said in a live television broadcast.
"Our nuclear path will continue."

However, Iran's Arabic-language Al Alam television said the government had handed a letter to EU foreign policy chief Catherine Ashton expressing readiness to "hold new talks over its nuclear program in a constructive way."

An Ashton spokeswoman confirmed receipt of the letter, saying she was evaluating it and would consult with the United States, Russia, China and other partners among the big powers.

Iran has long refused to negotiate curbs on its nuclear program, saying it is intended to produce electricity for booming domestic demand and for other civilian uses.

The United States and Israel have not ruled out military action against Iran if diplomacy and sanctions fail.

Washington however played down Iran's latest announcement, saying its reported advances were "not terribly new and not terribly impressive."

"We frankly don't see a lot new here. This is not big news. In fact it seems to have been hyped," a State Department spokeswoman said.

IRAN DENIES BANNING OIL EXPORTS TO EU

Iran's Oil Ministry denied a state media report that it had cut off oil exports to six European Union states.

"We deny this report ... If such a decision is made, it will be announced by Iran's Supreme National Security Council," a spokesman for the ministry told Reuters.

Iran's English language Press TV said Tehran had halted oil deliveries to France, Portugal, Italy, Greece, Netherlands and Spain -- its biggest EU customers -- in retaliation for an EU ban on Iranian crude due to take effect in July.

The Islamic Republic is the world's No. 5 oil exporter, with 2.6 million barrels going abroad daily, and the EU consumes around a fifth of those volumes.

With Western sanctions now spreading to block Iran's oil exports and central bank financing of trade, Tehran has been resorting to barter to import staples like rice, cooking oil and tea, commodities traders say.

The most recent talks between world powers and Iran failed in January 2011 because of Tehran's unwillingness to discuss transparent limits on enrichment, as demanded by several U.N. Security Council resolutions passed since 2006.

http://news.yahoo.com/iran-trumpets-atom-advances-deepening-standoff-west-121448512.html


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