DATE=09/25/2003

TYPE=CORRESPONDENT REPORT

TITLE=BUSH/IRAN (S)

NUMBER=2-307907

BYLINE=SCOTT STEARNS

DATELINE=WHITE HOUSE

CONTENT=

VOICED AT:

INTRO: The White House says Iran has one last chance to meet its obligations under U-N nuclear agreements, before the Security Council considers possible action. V-O-A's Scott Stearns reports, diplomats say U-N inspectors have found traces of weapons-grade uranium at a second site inside Iran.

TEXT: Diplomats at the International Atomic Energy Agency say U-N inspectors found traces of highly enriched uranium at an electricity plant outside Tehran. It is the second time U-N monitors in Iran have found traces of the uranium, which could be used in nuclear weapons.

Responding to the earlier finding, Iran said the material may have already been on the equipment when it was purchased outside the country.

The U-N nuclear agency has given Iran until the end of October to prove it has no secret nuclear weapons program.

White House Spokesman Scott McClellan says, if Tehran does not meet that deadline, the dispute should be brought before the U-N Security Council.

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This is one last chance for Iran to comply, and if it doesn't, we believe it should be reported to the Security Council.

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The United Nations wants Iran to allow tougher inspections of its nuclear facilities. Iran says it is only using nuclear material to generate electricity. (SIGNED)

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