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World Powers Discuss Iran's Nuclear Plans

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Senior diplomats from the U.N. Security Council's permanent members and Germany met today to discuss possible ways to punish Iran for its refusal to halt its uranium enrichment.

Two days ago, Tehran rejected the latest plan the International Atomic Energy Agency brokered to delay Iran's ability to build a nuclear weapon.

Under that plan, Iran would export its uranium for enrichment to Russia and France where it would be converted into fuel rods, according to The Associated Press. The rods would then be returned to Iran about a year later. The rods can power reactors but cannot be readily turned into weapons-grade material.

At the meeting in Brussels, diplomats will take stock of the situation, but won't make definitive decisions, a European Union spokeswoman said.