The proposal by the three EU members encourages other nations to support the construction of , to set up a nuclear fuel bank and the relaxation of United States trade restrictions to allow Iran to purchase commercial planes built in the US. These incentives are conditional upon Iran renouncing its rights under Article IV of the NPT, i.e. stopping its Uranium enrichment program, and cooperating with the United Nations  in ways additional to its present cooperation, which at present includes continuous monitoring of many key Iranian nuclear facilities by the IAEA. Mr. Asefi warned Europe against economic sanctions saying that they would harm Europe. "We have broad trade and economic ties with European and non-European countries. These ties can be damaged and this damage will harm European countries even more." he said. 
The proposal by the three EU members encourages other nations to support the construction of , to set up a nuclear fuel bank and the relaxation of United States trade restrictions to allow Iran to purchase commercial planes built in the US. These incentives are conditional upon Iran renouncing its rights under Article IV of the NPT, i.e. stopping its Uranium enrichment program, and cooperating with the United Nations International Atomic Energy Agency (IAEA) in ways additional to its present cooperation, which at present includes continuous monitoring of many key Iranian nuclear facilities by the IAEA. Mr. Asefi warned Europe against economic sanctions saying that they would harm Europe. "We have broad trade and economic ties with European and non-European countries. These ties can be damaged and this damage will harm European countries even more." he said. Sister links
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International Atomic Energy Agency (IAEA)
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