Iran optimistic on uranium exchange - Mottaki

MUNICH Feb 5 (Reuters) - Iran sees good prospects for clinching a deal with world powers on exchanging some of its low-enriched uranium for higher-grade fuel it can use in a reactor producing medical isotopes, Foreign Minister Manouchehr Mottaki said on Friday.

"I personally believe we have created conducive ground for such an exchange in the not very distant future," Mottaki told the Munich Security Conference.

But he said it should be up to Tehran to set the amounts to be exchanged, based on its needs. (Reporting by William Maclean and Mark Trevelyan, Editing by Richard Williams)