Iranian President Mahmoud Ahmadinejad said...

"The case is not yet closed," Ahmadinejad said during a press conference in Tehran. "We have already announced that we are ready for a fuel exchange within a fair framework. We are still ready for an exchange, even with America."

He stressed Iran is ready to pay for uranium swaps with the United States.

"If the U.S. expresses a desire to participate in fuel exchanges, then we will be ready to cooperate and pay for the fuel," he said, adding that if Washington did not play fair, Tehran would "alter its approach."

Ahmadinejad also said that world powers would "regret" any sanctions against Iran.

"Of course, if somebody acts against Iran, our response will definitely be firm enough [to] make them regretful," he warned, adding that "sanctions will not harm Iran."

Moscow and Washington dismissed on Monday reports that new nuclear proposals had been made to Iran, after the Iranian nuclear chief said earlier Iran was considering "new offers" from Russia,

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