World Bulletin / News Desk

Iranian parliament will present a bill which will pave the way for Iran to enrich uranium by 60 percent if western powers impose new sanctions, according to an Iranian member of parliament.

Member of parliament’s national security committee, Mohammad Hassan Asafari reacted to sanctions imposed by the U.S. government and said, "The new sanctions show an absence of goodwill from the U.S."

Tasnim News Agency quoted Asafari as saying: "Tehran will immediately respond in the event that the negative approach of Washington in nuclear negotiations continues."

The nuclear talks between the world powers -- dubbed the P5+1 [Russia, China, the U.S. U.K., France and Germany] -- and Iran began last November in Geneva.

On Friday, the U.S. slapped sanctions on over 25 corporations and individuals for allegedly aiding Iran's nuclear program and circumventing international measures aimed at curbing it.

The Iranian lawmaker warned his government will immediately develop and accelerate nuclear progress if the U.S. government insists on its "negative approach" towards the talks.

Initial talks led to an interim deal that called for the scaling back of Tehran's nuclear activities in exchange for easing the economic sanctions that have taken a toll on the country's economy.

The talks in New York, which are aimed at reaching a comprehensive agreement, are due to continue until November.