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ElBaradei's proposal should be studied: Iran's Majlis speaker

TEHRAN, Feb. 21 (Mehr News Agency) -- Majlis Speaker Gholam-Ali Haddad-Adel said here on Wednesday that IAEA chief Mohamed ElBaradei's proposal that Iran and the West take a mutual "timeout" should be studied technically.

ElBaradei, the director general of the International Atomic Energy Agency, has urged both sides to take a mutual "timeout" to enable talks. According to the proposal, Iran would suspend enrichment rather than accelerate it from research level to "industrial scale", while sanctions would be suspended.

The suggestion and the possible reactions to it should be studied, Haddad-Adel told reporters at a press conference.

Supreme National Security Council Secretary Ali Larijani met ElBaradei in Vienna on Tuesday.

ElBaradei said ahead of his meeting with Larijani that Tehran should not be given preconditions for talks and Washington should not push for stricter sanctions or to marginalize the Islamic Republic.

"Iran is prepared to pursue the nuclear issue through negotiations and find a solution that would not deprive the Iranians of their legal rights," the Majlis speaker noted.

"All the matters are not in ElBaradei's hands and we should wait and see how far the United Stated and Britain want to drag the international bodies, including the UN Security Council, along with them."

Petroleum price

Haddad-Adel went on to say that there are two completely different views on petrol prices.

"One is that we should not increase the price but control the consumption through rationing so that the government will not be forced to pay extra money (for importing petrol)."

The other view is that rationing may lead to the emergence of a black market in petrol prices which will consequently lead to a rise in other prices, he said, adding, "Therefore we can increase the petrol price before a black market is formed to control the consumption."

There is no doubt that an increase in the petrol prices will lead to higher inflation, he stated.

... Payvand News - 2/22/07 ... --

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