Russia, also trying to rebuild its image due to its war with its territories, has offered to become the mediator.
Iran, still in its joyous mood on its 30th anniversary of the revolution, was quite upbeat about the prospect of the meeting between president Ahmadenijad and Obama.
Ahmadenijad told about 20,000 supporters in Teheran, he was looking forward to the proposed meeting but cautioned the White House that it should be conducted in 'a mutul interest and respect of the two countries'.
Iran has been the subject of international criticism for its uranium enrichment program which many Western governments described would lead to the Persian nation emerging as another nuclear power - a sentiment oftenly regarded as Iran as a fear for attacks on Israel.
The Busher plant, which I visited in 2003 was actually built to supplement energy to its industry and other consumers.
It is hoped the Obama-Ahmadenijad meeting will take place as it will augur well for creating a peaceful environment in the Middle East.