Iran once again reiterated its willingness to negotiate a way out of the impasse over its controversial nuclear program but the US said that while it would study the Iranian counter proposal to the EU offer, it is prepared to move with or without the UN.
Iran delivered a counter proposal to the EU offer but declined to disclose details or say whether it had met conditions required by the West. However, its leaders have repeatedly emphasized that they would never give up its nuclear enrichment quest claiming that it is their right guaranteed by the Nuclear Non-Proliferation Treaty.
The West has been very frustrated with Iran's stalling on several offers and the US has been vociferously advocating stronger measures but strong resisted by Russia and China which have large trade, military, and economic interests with Tehran. A frustrated US President George Bush warned "what a nuclear Iran could do" if a "non-nuclear Iran" could hold the world hostage.