Iranian President Mahmoud Ahmadinejad has...

The UN-sponsored deal to supply nuclear fuel for a research reactor in Tehran proposes Iran ship out low-enriched uranium to be processed into higher-grade nuclear fuel and then returned to Iran.

However, the deal stalled over Iran"s insistence that it will accept nothing less than a simultaneous exchange inside the Islamic republic, saying it had not received guarantees the fuel would actually be delivered.

Ahmadinejad"s offer came in talks with UN Secretary General Ban Ki-moon in New York on Monday on the sidelines of the 2010 Review Conference of the Nuclear Non-Proliferation Treaty (NPT).

Concerning Iran"s cooperation with Europe, Ahmadinejad said Iran was ready to cooperate with the European Union on a wide range of issues.

MOSCOW, May 4 (RIA Novosti)