It also agreed to suspend uranium enrichment and to allow back UN weapons inspectors as part of the deal.

BBC: Japan readies anti-missile defence for N Korea rocket

Security Council resolution passed last month called on Tehran to suspend uranium enrichment by Aug. 31 or face the threat of economic and diplomatic sanctions.

NPR: Bush Defends Iraq Strategy, Resists Call to Leave

Security Council resolutions to suspend uranium enrichment.

WHITEHOUSE: President Obama on Iran Sanctions

This week they said that Iran would suspend its uranium enrichment and plutonium reprocessing activities, in return for European concessions over trade.

ECONOMIST: Charlemagne

Mr. SANGER: Well, that's the interesting question here, because the Iranians could be expected to say first and foremost, that's fine, we're happy to talk to you about Iraq as soon as you stop this whole effort to get us to suspend our uranium enrichment.

NPR: Iraq Recommendations: Diplomacy with Iran, Syria

Determined to give effect to its unmet 31 July demand that Iran suspend all uranium enrichment-related and reprocessing activities, the Security Council today imposed sanctions on that country, blocking the import or export of sensitive nuclear materiel and equipment and freezing the financial assets of persons or entities supporting its proliferation sensitive nuclear activities or the development of nuclear-weapon delivery systems.

UN: Security Council

And rather than suspend its own suspect uranium-enrichment efforts (the stuff can be used for power generation or, with further enrichment, abused for bomb-making), Iran insists it will press ahead at all speed, even though it has no nuclear reactors that need the stuff.

ECONOMIST: Iran's nuclear programme: Game resumed | The

The U.S. and its allies are seeking to gain Iran's willingness to suspend its production of near weapons-grade nuclear material at its uranium-enrichment sites in return for economic incentives.

WSJ: Iran Says It Is Set for Nuclear Talks, but West Is Skeptical