Iran agrees to draft nuclear deal

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Iranian negotiators have agreed to consider a draft deal on the nation's nuclear program.

The agreement would delay Iran's ability to make nuclear weapons by sending most of the material it would need to Russia for processing.

The deal, discussed at the International Atomic Energy Agency's headquarters in Vienna, still has to be approved by Tehran.

IAEA chief Mohamed ElBaradei says representatives of Iran, the US, Russia and France have accepted the draft, but it needs to be finalized by the governments of the four nations.

Mohamed ElBaradei, IAEA chief, said, "I circulated a draft agreement that reflects, in my judgment, a balanced approach to how to move forward."

Diplomats inside the meeting say it was essentially the original proposal drawn up by the IAEA that would commit Tehran to shipping 75 percent of its enriched uranium to Russia for further enrichment.

After that material is turned into metal fuel rods, it would then be shipped back to Iran to power its small research reactor in Tehran, according to the draft.

Iran's chief delegate says his side accepted the draft.