Tehran: In a one-two counter-punch, Iran's President on Wednesday said taking European incentives to suspend uranium enrichment would be like trading gold for chocolates, and the foreign ministry spokesman in a mocking turnabout offered the Europeans trade incentives from Tehran.

European nations said they may add a light-water reactor to a package of incentives meant to persuade Tehran to permanently give up enrichment or face the threat of UN Security Council sanctions.

But in a nationally televised speech before thousands of people in central Iran, President Mahmoud Ahmadinejad cast scorn on the proposal.

"Do you think you are dealing with a 4-year-old child to whom you can give some walnuts and chocolates and get gold from him?"

Ahmadinejad's comment prompted immediate support from the crowd. "We love you Ahmadinejad," the crowd shouted.

Foreign Ministry spokesman, Hamid Reza Asefi, said Iran is willing to offer its own concessions to Europe in return for recognising Iran's right to enrich uranium and produce nuclear fuel.

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