Updated

Iran is slated to present a "comprehensive" package to world powers on issues like the proliferation of atomic weapons and economic cooperation, Reuters reports.

Ali Asghar Soltanieh, Iran's envoy to the U.N. International Atomic Energy Agency, said on state radio that the package would be handed over sometime this week.

"This is a comprehensive package about our dealings with other countries on international and regional problems including economic and nuclear cooperation and common concerns about the lack of achievement in disarmament, as well as security issues," Soltanieh said.

U.S. President Obama has given the Islamic Republic until later this month to accept an offer from six world powers on trade benefits if it stops nuclear enrichment — or face harsher sanctions. Those powers — the United States, Russia, Britain, China, France and Germany — pressed Tehran on Wednesday to meet them before the U.N. General Assembly session on Sept 23-25, Reuters reports.

The West, meanwhile, suspects Iran of attemting to build nuclear bombs while officials says its program is for peaceful power generation. It has repeatedly rejected demands to halt its nuclear work.

Click here to read more on this story.