Full TextFrom DipNote Editors: Yesterday, Secretary Rice spoke with Mike Allen of The Politico and Yahoo! News, and we thought that the DipNote crowd would also like to take a look. Their conversation covered a range of topics, including Iran, Iraq, North Korea, the Olympics, Russia and U.S. foreign policy over the last eight years. Here's the beginning of the interview:QUESTION: Madame Secretary, thank you for sitting down with The Politico and Yahoo! News to talk about your accomplishments, the last eight years, and what lies ahead. You’re one of the few people who’s been along for the whole ride, so we have a lot to talk about.
We’ll start with Iran. A big deadline has passed. They were supposed to tell us if they were going to stop enriching uranium. If they don’t, they could build a bomb. Now what’s the latest on what’s going to happen? We understand that there are some new sanctions that are being considered.
SECRETARY RICE: Well, yesterday, the P5+1, the group that has offered Iran this very generous package but has also demanded that Iran stop its enrichment and reprocessing, the political directors met. They agreed that the Iranian answer is not adequate, that it is not a really serious answer. And so we’re now going to begin to consult on how to get back on the second track, which is to move again toward Security Council – toward a Security Council resolution. We’ve always said Iran has a way out if they ever wish, but we will seriously pursue sanctions if they don’t.
QUESTION: Madame Secretary, the time is running. Both the National Intelligence Estimate and the Israelis have said that at this rate, by 2010, they could have a nuclear weapon. Do you think that the time is coming when sanctions won’t be enough? What other sort of diplomatic, military options might we have to consider?
SECRETARY RICE: Well, the President keeps all of his options on the table, but we still believe that the diplomatic option can work and that there is time for it to work, because not only --
QUESTION: How much time?
SECRETARY RICE: Well, I don’t want to try to get into timelines. The fact is that we’re working at it every day. There is a coalition of states as well as Security Council resolutions that show the Iranians what they have to do. And we have to remember that it’s not just the Security Council resolutions, but a number of other financial measures that the United States, Europe, and others have taken, and a number of companies and banks that have gotten voluntarily out of Iran because of the reputational risk and because of the investment risk. And you have to hope that there are reasonable people in Iran who see this as not the way to run a country.
Read the continuation of the Secretary's interview with Mike Allen of The Politico and Yahoo! News.