Us weighs 20 billion asset release for iran uranium deal
The United States is considering a proposal to release up to 20 billion dollars in frozen Iranian assets in exchange for Tehran handing over its stockpile of enriched uranium, as part of efforts to end the ongoing conflict with Iran. The plan forms part of a broader framework aimed at de escalating tensions following weeks of military confrontation.
Donald Trump said negotiations are “very close” to producing a deal and suggested that Iran had agreed in principle to relinquish its enriched uranium. He indicated that a new round of talks could take place as early as this weekend, potentially in Islamabad, as diplomatic efforts intensify to secure a ceasefire extension.
Iranian officials have not confirmed such commitments publicly. The country’s ambassador to the United Nations expressed cautious optimism about the negotiations but stopped short of endorsing any agreement. Iranian sources indicate that Tehran may consider transferring part of its highly enriched uranium abroad, while maintaining its position that the right to uranium enrichment remains non negotiable, even if enrichment levels could be subject to compromise.
The core dispute centers on the scope and duration of enrichment limits. Previous talks in Islamabad revealed a wide gap between the two sides, with US negotiators proposing a 20 year moratorium and Iran countering with a five year freeze. Iran is estimated to hold around 450 kilograms of uranium enriched to 60 percent purity, a level that significantly shortens the path to weapons grade material, according to international nuclear oversight assessments.
Tensions remain high as the ceasefire approaches its expiration around April 21 or 22. Pete Hegseth warned that failure to reach an agreement could lead to renewed military action, including strikes on infrastructure and energy facilities. The threat underscores the urgency of ongoing diplomatic efforts.
Regional mediators are also stepping in to support negotiations. Foreign ministers from Pakistan, Turkey, Saudi Arabia and Egypt are meeting in Antalya to coordinate positions and explore options for extending the ceasefire. Turkish Foreign Minister Hakan Fidan suggested that a 45 to 60 day extension could provide additional time to bridge remaining gaps, particularly on the nuclear issue.
The outcome of these talks will hinge on whether both sides can reconcile differences over enrichment rights while maintaining assurances against nuclear proliferation, a balance that has historically proven difficult to achieve.
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