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European Union Foreign Policy Chief Josep Borrell speaks on the tensions between the neighbouring Western Balkan nations in Brussels, Belgium, August 18, 2022. REUTERS/ Johanna Geron

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MADRID, Aug 22 (Reuters) - The European Union's foreign policy chief said on Monday he hoped the United States would respond positively as early as this week to an EU proposal that aims to save a 2015 nuclear deal with Iran.

Josep Borrell also said that Iran had given a "reasonable" response to the proposal, which follows 16 months of fitful, indirect U.S.-Iranian talks with the EU shuttling between the parties. The contents of the proposal have not been made public.

"There was a proposal from me as coordinator of the negotiations saying 'this is the equilibrium we reached, I don't think we can improve it on one side or the other'... and there was a response from Iran that I considered reasonable," Borrell told a university event in the Spanish city of Santander.

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"It was transmitted to the United States which has not yet responded formally... I hope the response will put an end to the negotiations," he added.

An EU official has previously said the proposal is the bloc's "final offer" to revive a pact suspended in 2018 by the administration of then-U.S. President Donald Trump.

The stakes are high, since failure in the nuclear talks would carry the risk of a fresh regional war, with Israel threatening military action against Iran if diplomacy fails to prevent Tehran from developing a nuclear weapons capability.

Iran, which has long denied having such ambitions, has warned of a "crushing" response to any Israeli attack.

Earlier on Monday, Iran's Foreign Ministry spokesperson Nasser Kanaani accused the United States of "procrastinating" in the negotiations.

"The world would be a much safer place if we can make this agreement work," Borrell said.

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Reporting by Christina Thykjaer and Inti LandauroEditing by Gareth Jones

Our Standards: The Thomson Reuters Trust Principles.

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EU's Borrell hopes for U.S. response on Iran nuclear deal proposal this week - Reuters