Iran is considering an international proposal to suspend uranium enrichment to a fissile concentration of 20 percent for a period of six months and converting their existing stockpile of 20% enriched uranium to an oxide for medical use, Al-Monitor reported on Tuesday, citing diplomatic sources.

According to the report, Iranian nuclear experts discussed the proposal at technical talks in Istanbul last week with the P5+1 group of world powers which consists of the US, Russia, China, Britain, France and Germany…

The Iranians, however, rejected other demands that the world powers’ proposed in exchange for loosening economic sanctions against the Islamic Republic, sources said. At the previous round of talks in Kazakhstan last month, the Iranians reportedly raised objections to a number of proposed steps, including, suspending operations at the underground Fordow nuclear facility, allowing for enhanced inspections by the UN nuclear watchdog and shipping the country’s supply of 20% enriched uranium out of the country.