Brussels, 19/05/2005 (Agence Europe) - The day after a preparatory meeting in Brussels on 23 May between the political directors of the foreign ministries of the EU3 (Germany, France and the United Kingdom) and the chief Iranian negotiator on the nuclear dossier, Hassan Rohani, the heads of diplomacy of the EU3, Germany's Joschka Fischer, Jack Straw of the UK and Michel Barnier of France, plus the EU High Representative for CFSP, Javier Solana, will take part in a ministerial meeting with Iran on 24 May in an as yet unspecified location to try to save the current negotiation process. The European priority will be to convince Teheran to avoid scuppering negotiations by making good on its threats to resume its uranium conversion activities, the stage before enrichment. In a letter, the three foreign ministers of the EU3 formally warned Iran of the consequences of such an initiative, brandishing the threat of bringing the matter before the Security Council with a view to possible economic sanctions against Teheran. The Iranian Vice-President, Gholamreza Aghazadeh rejected this as a possibility on Wednesday evening, but stated that Iran would put up with sanctions rather than give up its nuclear technology. Another of the Iranian negotiators, Hossein Mousavian, told the New York Times that Iran was prepared to extend the suspension of its nuclear activities “for a further two or three months more to see if negotiations lead to a concrete result”, adding that “nothing will convince Iran to abandon its fuel enrichment plans”. “Iran is 100% flexible, open, ready to negotiate, to compromise on any mechanism, but not cessation”, he stressed, pointing out that Teheran had proposed to adopt a complete uranium enrichment cycle in four stages and over two years, to allow the West to keep an eye on the process. He said that in exchange for authorisation for international inspections, Teheran expected greater aid, concerning its security, political stability and economic development. When asked about a concrete example of aid, he said that Europe could “accept the principle of a contract for ten nuclear power stations in Iran”.