WORLD> Middle East
Tehran never gives up nuclear program: president
(Xinhua)
Updated: 2008-08-11 23:48

The EU issued a decree on Friday to consider fresh UN Security Council sanctions against Iran over its controversial nuclear program.

The EU presidency decreed that its financial institutions must exercise restraint on export credits to Iran and that its 27 member states inspect Iran-bound cargoes.

On June 14, Solana handed the offer of incentives to the Iranian authorities on behalf of France, Britain, Russia, China, the United States and Germany during his visit to Tehran in a bid to persuade Iran to halt uranium enrichment.

Iran has also presented its own package of proposals, which is aimed to help resolve regional and international problems, including Iran's nuclear issue.

Bouteflika heading a high-ranking delegation arrived in Tehran on Sunday for a three-day visit.

He is accompanied by five cabinet members, including the Minister of Energy and Mines Chakib Khelil who also holds the rotating presidency of the Organization of the Petroleum Exporting Countries (OPEC).

Iran is the fourth largest oil exporter in the world and ranks second in output among OPEC members.

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