From the Dept. of Two Cents.

With all due respect to Geoff’s take, the latest Iranian position in the endless saga of the Zombie Fuel Swap is not, properly speaking, a confidence-building measure; it’s a confidence-demolition measure.

Except for one very important feature, the new Iranian stance is quite close to previous ideas discussed by the two sides through the last IAEA Director-General, Mohamed ElBaradei, until the end of his term, late last year. As others have observed, the reassurance value of removing 1,200 kg <5% LEU from Iran has diminished as the months have slipped by and Iran has continued the gradual expansion of its stockpile. But if that were the only problem, raising the idea now would at least not have further eroded hopes for a diplomatic resolution, as faint as they’ve become.

(As an aside: let’s refrain from calling the tripartite declaration a “deal,” as much of the news coverage has done. After all, neither Turkey nor Brazil proposes to supply Iran with reactor fuel. Nor did they mediate between the actual parties: Iran on one side, and Russia, France, and America on the other.)

Asymptotically Approaching Zero

The reason for the further loss of trust is mentioned in the White House statement: the Iranian side has indicated its intention to continue enriching uranium to <20% even after receiving the <20% reactor fuel. (Foreign Minister Mottaki apparently made this point in person over dinner in New York with Security Council representatives.) The decision to enrich beyond 5%, then, no longer has anything to do with refueling the Tehran Research Reactor (TRR) before it’s forced to shut down, if it ever did. That pretense has been discarded; it’s now naked salami-slicing.

(Speaking of which, the Iranians are now expanding the <20% enrichment operations at PFEP.)

The spoiler feature also protects the Iranians from too great a chance that their offer might have been accepted, which would have presented the challenge of pushing it through their own system. That didn’t go so well the last time.

Which bring us to the point of the exercise: stalling. It’s no surprise that the Iranians would seek every opportunity to disrupt sanctions negotiations in the Security Council. Nor is it entirely shocking that the Brazilians — who are now seeking to enter the Iranian oil sector — would collaborate in that endeavor. Disappointing, but not shocking. In any case, it seems unlikely to influence the outcome much either way.

Late Update. From the White House earlier today (emphasis in boldface added):

The White House

Office of the Press Secretary
For Immediate Release
May 19, 2010
Readout from the President’s Call with Prime Minister Erdogan of Turkey

President Obama spoke with Prime Minister Erdogan today by phone. The President acknowledged the efforts of Turkey and Brazil and noted that the United States and the international community await a formal and authoritative message from Iran to the International Atomic Energy Agency. The President stressed the international community’s continuing and fundamental concerns about Iran’s overall nuclear program as well as Iran’s failure to live up to its international obligations. Further, he indicated that negotiations on a new U.N. Security Council resolution will continue, noting that Iran’s persistent refusal to meet with the P5+1 on Iran’s nuclear program and recent refusal to halt enriching uranium to nearly 20 percent, do not build confidence. The President and Prime Minister also discussed the ongoing government formation process in Iraq and the need to advance peace in the Middle East.

The draft resolution is here.

IAEA statement is here.