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EU offers reactors to Iran, threatens arms embargo

The EU is calling on world powers to help Iran’s nuclear and other industries if Tehran stops enriching uranium but wants Russia and China to join in sanctions, including an arms embargo, if Iran does not, according to a copy of a draft proposal seen by AFP. The proposal by the trio of Britain, France and Germany says world powers should support Iran’s building several light water reactors, set up a nuclear fuel bank and even have the United States drop restrictions on Iran’s buying US commercial airplanes, if Iran takes steps to guarantee it will not make nuclear weapons. Full Story