The IRA is prepared to carry out an act of disarmament "if there is a positive response" to its proposal from the British and Irish governments and Ulster Unionists, Sinn Fein leader Mr Gerry Adams said today.
In a keynote address to Republicans at Stormont this afternoon, Mr Adams revealed the IRA offered to carry out a third act of arms decommissioning had Ulster Unionists backed moves to end the suspension of devolution.
"My understanding is that all of this is still doable at this time if there is a positive response from the two governments and Mr Trimble," Mr Adams said.
"Let me tell you that the Sinn Fein leadership have put in a huge amount of effort to save this process but there is a limit to what we can do."
In a direct response to three questions posed by the British Prime Minister Mr Tony Blair on the IRA's future, Mr Adams said it was his view that its statement - passed confidentially two weeks ago to London and Dublin - was "of completely peaceful intent".
He added: "Its logic is that there should be no activities inconsistent with this.
"Secondly, the IRA has clearly stated its willingness to proceed with the implementation of a process to put arms beyond use at the earliest opportunity.
"Obviously, this is not about putting some arms beyond use. It is about all arms.
"And thirdly, if the two governments and all the parties fulfil their commitments this will provide the basis for the complete and final closure of the conflict."
Mr Adams said Sinn Fein's peace strategy had always been about ending the tradition of "physical force republicanism by creating an alternative way to achieve democratic and republican objectives".
He said his party had negotiated, campaigned and had argued to have the Good Friday Agreement implemented because it fitted "into a strategy of creating an alternative to war and a means of sustaining and anchoring the peace process".