AGL 37.90 Decreased By ▼ -0.04 (-0.11%)
AIRLINK 161.47 Increased By ▲ 6.25 (4.03%)
BOP 8.99 Decreased By ▼ -0.08 (-0.88%)
CNERGY 6.92 Increased By ▲ 0.20 (2.98%)
DCL 10.13 Increased By ▲ 0.60 (6.3%)
DFML 40.00 Decreased By ▼ -0.31 (-0.77%)
DGKC 92.45 Decreased By ▼ -0.50 (-0.54%)
FCCL 37.95 Decreased By ▼ -0.43 (-1.12%)
FFBL 78.45 Decreased By ▼ -0.13 (-0.17%)
FFL 13.46 Decreased By ▼ -0.14 (-1.03%)
HUBC 114.22 Increased By ▲ 4.03 (3.66%)
HUMNL 14.60 Decreased By ▼ -0.29 (-1.95%)
KEL 5.66 Decreased By ▼ -0.07 (-1.22%)
KOSM 8.27 Decreased By ▼ -0.20 (-2.36%)
MLCF 45.05 Decreased By ▼ -0.61 (-1.34%)
NBP 75.45 Decreased By ▼ -0.72 (-0.95%)
OGDC 192.00 Increased By ▲ 0.13 (0.07%)
PAEL 32.16 Increased By ▲ 1.68 (5.51%)
PIBTL 8.61 Increased By ▲ 0.45 (5.51%)
PPL 166.40 Decreased By ▼ -0.16 (-0.1%)
PRL 30.69 Increased By ▲ 1.25 (4.25%)
PTC 22.08 Increased By ▲ 2.01 (10.01%)
SEARL 99.35 Increased By ▲ 2.73 (2.83%)
TELE 8.50 Increased By ▲ 0.23 (2.78%)
TOMCL 34.85 Increased By ▲ 0.59 (1.72%)
TPLP 11.24 Increased By ▲ 1.02 (9.98%)
TREET 18.50 Increased By ▲ 0.84 (4.76%)
TRG 61.00 Decreased By ▼ -0.25 (-0.41%)
UNITY 32.33 Increased By ▲ 0.36 (1.13%)
WTL 1.52 Increased By ▲ 0.05 (3.4%)
BR100 11,247 Increased By 31 (0.28%)
BR30 33,994 Increased By 343.2 (1.02%)
KSE100 104,814 Increased By 255 (0.24%)
KSE30 32,406 Increased By 39.8 (0.12%)

China and Russia are united in pushing for more diplomacy to resolve the Iranian nuclear issue, China said on Tuesday, a day after the two deflected Western moves to authorise UN Security Council threats against Iran.
After more than two weeks of discussions, the five veto-wielding members of the Security Council - China, Russia, the United States, Britain and France - have been unable to agree on a draft statement that tells Iran to stop enriching uranium.
"China and Russia have common views on how to resolve the Iranian nuclear issue," China's Foreign Ministry spokesman Qin Gang told a regular news conference.
"Our objectives are to solve the issue in a peaceful way through negotiations," he said, as Chinese President Hu Jintao and Russian President Vladimir Putin held talks in Beijing.
Iran insists it has the right to atomic research - which it says is for peaceful purposes - but the Western powers believe it is seeking the ability to make nuclear weapons.
Qin said China supported a Russian compromise proposal that would allow Iran to use nuclear fuel enriched in an internationally monitored plant on Russian soil, easing fears that Tehran could divert atomic material to develop weapons.
"Under current circumstances, Russia's proposal is a helpful way to break the impasse," Qin said. "We call on all parties concerned to step up their negotiations and demonstrate flexibility."
Both Russia and China are wary of action by the Security Council, which can impose sanctions, fearing threats might escalate and prompt Iran to cut off contact with the International Atomic Energy Agency (IAEA) in Vienna.
Envoys close to the talks on the draft statement said Russia, backed by China, was toughest on its provisions, objecting to its setting a two-week deadline for the IAEA to report whether Tehran has complied, saying the time limit is too short.
But underscoring the urgency to reach a resolution, US President George W. Bush reiterated that Washington was ready to use military force against Iran if necessary. "The threat from Iran is, of course, their stated objective to destroy our strong ally Israel," he said in a speech to the City Club of Cleveland.
The full 15-member council consults later on Tuesday.

Copyright Reuters, 2006

Comments

Comments are closed.