TEHRAN, October 11 (RIA Novosti) - Iran is determined to develop full nuclear fuel cycle technology, President Mahmoud Ahmadinejad said Wednesday.

"They [the West] must know that possession of the full nuclear fuel cycle technology is the desire of the whole Iranian people," he said at a public meeting.

The UN Security Council adopted Resolution 1696 July 31, demanding that Iran suspend uranium enrichment by August 31 or face possible economic and diplomatic sanctions. However, an IAEA report said Tehran refused to suspend the program and blocked IAEA inspectors from inspecting Iran's nuclear facilities.

Last week, the United States and Britain renewed their calls for international sanctions against Iran after negotiations between the country's key nuclear negotiator, Ali Larijani, and EU foreign policy chief Javier Solana failed to produce any breakthrough.

Ahmadinejad said Iran acts in the nuclear sphere within international law, and is willing to continue talks on its nuclear program [with the international community].

"Why should we do it [declare a unilateral moratorium on nuclear research]?" the Iranian leader said. "If our nuclear cycle is dangerous, then yours is dangerous, too."

The six powers mediating the Iranian nuclear issue, the five permanent UN Security Council members, plus Germany, have been trying to persuade Iran to accept a package of incentives, and suspend uranium enrichment, which many countries believe is the beginning of an Iranian nuclear weapons program.

Deputy foreign ministers of the Iran-six mediators will discuss the Iranian issue in a video conference Wednesday, and will forward their conclusions to their representatives at the UN Security Council in preparation of a draft resolution on Iran.