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Political: Iran Demands U.S. Release Assets
11/20/09 01:12 am (EST)

(RTTNews) - Thursday Iran urged the United States to release its assets, even as his U.S. counterpart Barack Obama warned of "consequences" after Tehran said it was not too keen on sending its own nuclear fuel out of the country before the fuel it was to receive for the Tehran Research Reactor (TRR) arrived on its soil under a U.N.-brokered nuclear fuel deal.

"If our nation sees they have changed their behavior, dropped their arrogant attitude ... and return Iranian nation's rights and assets, the nation will accept that," President Mahmoud Ahmadinejad said in a televised speech.

"But if they are again after deception and plotting in the region, our nation's response will be that of the same that it already gave to arrogant powers," he added.

Washington froze Iranian government assets in 1979 after Islamist militants stormed the U.S. embassy in Tehran and took its staff hostage, which led to the scrapping of diplomatic relations in 1980.

Ahmadinejad's remarks came a day after Obama said Iran has taken weeks now and has not shown its willingness to say 'yes' to this proposal...and, so, as a consequence, we have begun discussions with our international partners about the importance of the follow-up.

Though Obama seemed to advance the prospect of sanctions, he held out the option of diplomacy when he said that he still hoped Iran would change its mind.

"I continue to hold on to the prospect that they may decide to walk through this door," Obama said at a brief news conference in Seoul with his South Korean counterpart President Lee Myung-bak.

Obama said Iran must get a "clear message", and described a "package of potential steps that we could take that will indicate our seriousness to Iran." However, he did not elaborate the nature of any new sanctions--possibly targeting its oil sector--which would require international support.

In talks with six powers in Geneva October 1, Iran agreed in principle to send the bulk of its low-enriched uranium to Russia and then to France for further processing.

Under the U.S.-backed proposal, Iran is supposed to ship 1200 kg of 3.5 per cent low-enriched uranium (LEU) to Russia, where it would be further enriched to 20 per cent. The 20 per cent LEU would then be sent to France for fabrication into fuel rods. Eventually, the rods would be shipped to Iran for use at its Tehran reactor, which produces medical isotopes.

Last week, U.S. federal prosecutors moved to seize the assets of the Alavi Foundation--including a 36-story skyscraper in Manhattan, New York, and four mosques--long suspected to be having links with the Iranian government.

The Justice Department has accused the Alavi Foundation--a non-profit Muslim organization being secretly controlled by the Iranian government--of funneling money to the Iranian government for financing its nuclear program.

The properties targeted are the Queens property, located at No. 55-11, Queens Boulevard housing the Imam Ali Mosque and the Islamic Education Center of Greater Houston, as also Islamic centers in New York City, N.Y., Maryland and California, more than 100 acres of land in Virginia and the 36-story office tower, called the Piaget building, on Fifth Avenue in New York, N.Y.