Report: Iran proposes new offer at nuclear talks

Iran has reportedly proposed a new offer on its nuclear program to increase confidence that it would remain bound to requirements to ensure it doesn't produce nuclear weapons, Al-Monitor on Thursday cited an Iranian sources as saying.
According to the source, the Islamic Republic's proposal to world powers during recent talks in Geneva included a halt on the production of near-weapons-grade enriched uranium, a vow to convert its arsenal of fuel rods and a pledge to hand over used nuclear fuel for an unfinished heavy water reactor.
The package, presented by Iranian Foreign Minister Mohammad Javad Zarif, also allegedly allows for increased monitoring by the International Atomic Energy Agency (IAEA).
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