Referring to the fact that Iran's scientists succeeded in the production of nuclear fuel rods, he said Iran possesses sufficient nuclear technology, warning if the U.S. and the West refuse to accept this reality, they will suffer only a huge loss.

Iran will make no compromise over its nuclear program, he stressed. He held that the U.S. and the West should pay respect for Iran's level of nuclear technology and take an option of cooperation rather than pursuing a confrontation policy.