Iran said Thursday it was ready to negotiate over a new package of economic incentives put forward by major powers seeking to persuade Tehran to curb its nuclear work. Iranian Foreign Minister Manouchehr Mottaki told a news conference in the Ugandan capital Kampala that the six – the United States, Russia, China, Britain, France and Germany – should also take a serious look at Tehran's own proposals. “We have informed them of our readiness to negotiate. The package given by the P5+1 countries is currently under consideration and at the appropriate time Teheran will give its reactions,” Mottaki said. “We also have what we call the Iranian package which we have sent to the P5+1 countries and we hope they consider it as we consider theirs,” added Mottaki, in Uganda for a meeting of the Organization of the Islamic Conference (OIC). Meanwhile, Iranian President Mahmoud Ahmadinejad said Thursday the West has failed to break Iran's will in the nuclear standoff. “In the nuclear issue, the bullying powers have used up all their capabilities but could not break the will of the Iranian nation,” Ahmadinejad was quoted as saying by state television.