Sky News reports: The think tank's Mark Fitzpatrick made the announcement at today's launch of its annual global review of military powers.
"During 2009, Iran will probably reach the point at which it has produced the amount of low-enriched uranium needed to make a nuclear bomb," he said.
"But being able to enrich uranium is not the same as having a nuclear weapon."
However, the survey reports doubts over US Intelligence estimates that Iran halted its work on nuclear weapons six years ago.
This points to Tehran's continued development of long-range ballistic missiles able to reach targets in Israel and beyond.
The IISS recommends a mixture of carrot and stick as the best international response.
It concluded a dual policy of engagement and sanctions, testing possibilities for Iranian cooperation while adopting targeted containment strategies, is the best way to deal with Iran's nuclear programme.
http://www.theyeshivaworld.com/article.php?p=29421
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