ERBIL, Kurdistan Region of Iraq -  Iran’s foreign ministry said it has presented a "reasonable and actionable plan" to European powers in an effort to head off a new round of UN sanctions, which Tehran has warned could end its cooperation with the international nuclear watchdog.

Iranian Foreign Minister Abbas Araghchi “presented a reasonable and actionable plan” to the European powers “to avert an unnecessary and avoidable crisis in the coming days,” according to a post on X on Thursday by the top Iranian diplomat.

Criticizing the situation the country is in and the lack of engagement, he added that Iran is now faced with a “litany of excuses and outright deflection.”

The United Nations Security Council is set to vote Friday on reimposing biting economic sanctions on Tehran over its contested nuclear program.

Araghchi said Tehran has already fulfilled its obligations by signing an agreement with the International Atomic Energy Agency (IAEA) that “opens a new chapter of cooperation” despite the “unlawful bombing” of its safeguarded nuclear facilities.

He added that Iran has also introduced a “creative, fair, and balanced proposal” to address genuine concerns, stressing that putting the plan into action could quickly resolve differences and “avert a crisis.”

Iran has previously warned that it would abolish agreements and cooperation with the IAEA if the “snapback” mechanism is activated.

Under the 2015 nuclear accord with world powers, officially called the Joint Comprehensive Plan of Action (JCPOA), the snapback mechanism permits the reactivation of UN sanctions if Iran is deemed in violation of its nuclear obligations.

Earlier this month, Iran announced that the UN nuclear watchdog's cooperation with the country's nuclear program will require approval from the Supreme National Security Council (SNSC), days after an agreement was signed to resume working with the agency.

The SNSC's announcement follows growing concern in Iran over cooperation with the IAEA after the war with Israel. Iran believes the agency shared information regarding its nuclear sites, which were subsequently attacked.

Iran struck the 2015 Joint Comprehensive Plan of Action (JCPOA) with world powers, accepting limits on its nuclear enrichment in return for major sanctions relief.

Iran and the US had held five rounds of Oman-mediated indirect nuclear talks before Israel attacked the Islamic Republic in June, which effectively ended the negotiations, especially after Trump joined in striking Iran.