Iran wants guarantees for N-fuel swap talks: Report

After time and volume, Iran is now willing to discuss venue to swap uranium.

Tehran: Iran on Saturday said it was willing to discuss a venue to swap uranium that needs to be enriched for a nuclear research reactor if it obtains "concrete guarantees”, Al-Alam television reported.

The Arabic-language channel quoted Foreign Ministry spokesman Ramin Mehmanparast as saying that Tehran struck a deal on the amount of uranium to be exchanged and the modality of the swap -- simultaneously or in batches.

"There is an agreement on the time and the volume of the fuel to be exchanged," Mehmanparast said according to Al-Alam, without elaborating on the deal or with whom it was reached.

"But there is still the venue (to be decided) and if there are concrete guarantees, Iran is willing to discuss the location," he added.

The remarks came as Brazilian President Luiz Inacio Lula da Silva was due to arrive in Tehran for a nuclear summit that major powers have said might prove to be Iran`s last chance to avoid tough new UN sanctions.