Report: West considering cash offer if Iran halts nuclear activities

November 5, 2013 05:27

The West has been exploring a plan to offer Iran a portion of the country's frozen oil revenues to advance nuclear talks set for later this week, The Times of London reported overnight Monday. 

According to the report, the proposal would permit the Islamic Republic access to a fraction of the funds held under crippling punitive measures if Tehran agreed to stop all nuclear activity while further talks progressed.

The idea reportedly developed in talks aimed at discovering ways to provide Iran temporary economic relief while maintaining sanctions, the Times cited Hilary Clinton's former non-proliferation aide Robert Einhorn as saying.

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