US ready to hold talks with Iran: Rice

In a significant departure from stated policy, the Bush administration has said it is willing to hold direct talks with Iran and offer Tehran economic benefits if the country gives up its nuclear plans.

In a significant departure from stated policy, the Bush administration has said it is willing to hold direct talks with Iran and offer Tehran economic benefits if the country gives up its nuclear plans.

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At a press conference at the State Department the Secretary of State Condoleezza Rice also made it clear that if Teheran chose not to abandon its present plans Washington will act to protect its common interests in the region that are at risk.

Rice also made it clear that the Bush administration is not taking up the subject of diplomatic resumption of ties with Iran at this time and no options are off the table either at a time when the United States is making some major overtures.

"To underscore our commitment to a diplomatic solution and to enhance prospects for success, as soon as Iran fully and verifiable suspends its enrichment and reprocessing activities, the United States will come to the table," Rice said.