A Mutually Irresolvable Trust Problem
A Mutually Irresolvable Trust Problem

Summary/Abstract: During the last year almost the same titles were taking place in world news headlines: ‘IAEA report reflects concerns about military aspect of Iran's nuclear program’, ‘United States works on crippling sanctions toward Iran’, ‘Iran rejected western backed IAEA plan’, ‘Tehran's offer is not acceptable’ and the list goes on. For the first time ever, on 1 October 2009, there was a light of hope for the long lasting Iranian nuclear crisis. A swap formula was submitted by the IAEA and the Iranian government was warm to that opinion. Iran accepted the swap model, in which it would transfer its low enriched uranium to Russia and France and receive the nuclear fuel in return. Thereby the agency's plan would have effectively deprived Iran of nuclear material for up to a year while Iran's fuel was enriched in Russia and then converted into fuel rods in France.

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