Iranian Foreign Minister Manouchehr Mottaki said on Saturday Tehran was ready to examine the West's proposals for a nuclear fuel swap, the official IRNA news agency reported. "We are ready to examine proposals by the other side about the fuel swap," Mottaki told IRNA. Mottaki's comment came after Iran's proposal on how to provide fuel for a research nuclear reactor in Tehran was rejected by Washington. The United States dismissed earlier this month an offer to swap on the Iranian island of Kish 400 kilogrammes (880 pounds) of low-enriched uranium for nuclear fuel enriched to 20 percent, in what would be the first phase of a deal with world powers. Mottaki reiterated a mid-December statement that Iran did not "insist on" the Kish plan.