TEHRAN, IRAN (SPA) _ IRAN WILL RESPOND IN MID-AUGUST TO THE WESTERN INCENTIVES FOR A CUTBACK OF ITS NUCLEAR PROGRAM, PRESIDENT MAHMOUD AHMADINEJAD SAID WEDNESDAY. «WE ARE STUDYING THE PROPOSALS. HOPEFULLY, WE WILLPRESENT OUR VIEWS ABOUT THE PACKAGE BY MID-AUGUST,»AHMADINEJAD TOLD A CROWD IN WESTERN IRAN IN A SPEECHBROADCAST LIVE ON STATE TELEVISION. A PACKAGE OF INCENTIVES PRESENTED BY THE EUROPEAN UNION’S FOREIGN POLICY CHIEF, JAVIER SOLANA, ON JUNE 6 SEEKS TO PERSUADE TEHRAN TO IMPOSE A LONG-TERM MORATORIUM ON URANIUM ENRICHMENT. U.S. PRESIDENT GEORGE W. BUSH WARNED MONDAY THAT IF IRAN REJECTS THE PACKAGE, IT WILL FACE U.N. SECURITY COUNCIL ACTION AND PROGRESSIVELY STRONGER POLITICAL AND ECONOMIC SANCTIONS, THE ASSOCIATED PRESS REPORTED. --SPA 21/06/2006 15:58 ت م www.spa.gov.sa/370264