Three-way talks and a signature. Turkish Prime Minister Recep Tayyip Erdoðan had flown to Iran on Sunday for talks with Iranian president Mahmoud Ahmadinejad and Brazilian president Luiz Inacio Lula da Silva. And today, according to an Agence France-Presse correspondent, the Turkish premier is ready to bring home a deal that commits Iran to ship 1,200 kilograms of low-enriched uranium to Turkey. If the report will be confirmed it would end a standoff with world powers ready for new sanctions against Iran. Under the agreement, Tehran will receive nuclear fuel for a reactor. The agreement, according to Agence France-Presse, was signed by the foreign ministers of Brasil, Turkey and Iran. The agreement says, among other things that "while in Turkey this LEU will continue to be the property of Iran, Iran and the IAEA [International Atomic Energy Agency] may station observers to monitor the safekeeping of the LEU in Turkey," and it adds that "Iran will notify the IAEA in writing through official channels of its agreement with the above within seven days following the date of this declaration." Turkish Foreign Minister Ahmet Davutoðlu was quick to tell reporters that after the signing Ankara sees "no need" for further U.N. sanctions against Iran.

"This agreement - he said - should be regarded positively and there is no need for sanctions now that we [Turkey and Brazil] have made guarantees and the low-enriched uranium will remain in Turkey." The first reaction, not surprisingly came from Israel which accused Iranian to "have manipulated Turkey and Brazil."

There was no immediate reaction from the IAEA.