The 20 Percent Solution - By Olli Heinonen | Foreign Policy: "What has raised the world's suspicions is that Iran continues to produce 20 percent enriched uranium despite the fact that this exceeds its civilian needs and, as President Mahmoud Ahmadinejad acknowledged in September, does not make economic sense."
It comes down to capability and motivation. If you shroud your capability in secrecy, we will assume the worst in terms of motivation. Viewed in this context, Iran could sign 50 NPTs and it wouldn't really help...
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