The reported proposals that Iran intends to present at upcoming nuclear talks with P5+1 are a "joke," Intelligence Minister Yuval Steinitz said on Wednesday.

According to a report in the Wall Street Journal, Tehran will demand a relief from sanctions and offer to halt its near-weapons-grade nuclear fuel production by limiting the number of centrifuges operating, enrichment amounts and the need for verification.

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"Closing the Qom facility means Iran will be able to produce five instead of six nuclear bomb in the first year, and giving up enrichment at 20% is less meaningful now that Iran has 20,000 centrifuges," Steinitz said.

"Israel will agree to a real and serious diplomatic solution... [in which] Iran could continue producing electricity at the reactor, but will have to purchase the nuclear fuel to operate the reactor from other countries," he continued. 
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