Iran will ship its low enriched uranium to Turkey in exchange for 20-percent uranium under a nuclear fuel swap agreement to be signed on Monday, an Iranian Foreign Ministry spokesman said.

The new agreement was reached at the tripartite meeting of Turkish Prime Minister Recep Tayyip Erdogan, Brazilian President Luiz Inacio Lula da Silva and Iranian President Mahmoud Ahmadinejad on Iran's nuclear program in Tehran on Monday.

The International Atomic Energy Agency (IAEA) will receive a letter on Monday's nuclear swap deal agreement within a week, spokesman Ramin Mehmanparast told reporters.