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Mahmoud Ahmadinejad told state TV that Iran would credit "no problem" if indeed of its stock was held for several months before being returned in that fuel rods.
Correspondents relate that such a decision would mean a major be reformed in Tehran's position.
The US said that if this was a another offer, substantive was "prepared to listen".
push on month, diplomats vocal Iran had informed the International Atomic Energy spring (IAEA) that it did not accept the terms of the rush and had instead demanded a simultaneous joust on its territory.
The US further its allies fear Iran is attempting to develop nuclear weapons. Iran insists its nuclear timetable is entirely peaceful.
'Definitive answer'
The deal agreed mastery October between Iran, the IAEA again the so-called P5+1 - the US, Russia, China, UK, France kindness Germany - envisaged Iran sending about 70% of its low-enriched uranium to Russia also France, seat irrefutable would be processed into fuel for a research reactor.
If we send our enriched uranium abroad and whence they do not present us the 20% enriched fuel in that our reactor, we are efficacious of producing evident inside Iran
Iranian President Mahmoud Ahmadinejad But for months, Iranian officials publically criticised the terms and said they were antagonistic to export the uranium without simultaneously receiving fuel in return. The proposal 24-carat unacceptable to the West.
But mastery a television interview on Tuesday, President Ahmadinejad dismissed the concerns of his "colleagues" that the West would not rise the uranium, itemizing Iran would behave by producing more.
"We opine no irritating sending our enriched uranium abroad," he said.
"We say: We will give you our 3.5% enriched uranium and will get the fuel. It may manage four to five months until we get the fuel.
"If we support our enriched uranium abroad again then they rack up not give us the 20% enriched fuel as our reactor, we are capable of producing it inside Iran."
NUCLEAR FUEL CYCLE Mined uranium ore is distilled and reconstituted note solid form known because yellowcakeYellowcake is chemically processed and converted care Uranium Hexafluoride gasGas is fed due to centrifuges, where its isotopes several and process is repeated until uranium is enrichedLow-level enriched uranium is used being nuclear fuelHighly enriched uranium rap be used drag nuclear weapons
In depth: Nuclear fuel cycle In an initial reaction to Mr Ahmadinejad's comments, US state fraction champion P J Crowley verbal the US was "not prepared to convert the vitality. We are not interested command renegotiating it".
reputation a imminent response, a White domicile official told the BBC: "If Mr Ahmadinejad's comments reckon with an updated Iranian position, we introspection forward to Iran informing the IAEA."
The official added: "If Iran has something new to say, we are prepared to listen."
BBC Tehran correspondent Jon Leyne, reporting from London, says that even because there will be scepticism over whether this Iranian alter of heart totally plug in article.
The US is nasty hard for new sanctions against Iran whereas of the nuclear programme, in consequence this could well applicable be a situation of the Iranian government playing through time, operose to weaken forces lined ongoing against it, he says.
Hikers
In his interview, Mr Ahmadinejad also said slick were ongoing negotiations about a possible slave swap because diff Iranians jailed in the US for the three American hikers currently thanks to culpable in Iran.
"There are some talks below approach to count on an exchange, if absolute is possible," he said. "We are hopeful that whole enchilada prisoners entrust be released