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FACTBOX-Proposal for 3rd round of U.N. Iran sanctions
25 Jan 2008 23:34:04 GMT
 Source: Reuters
Jan 25 (Reuters) - An outline text, agreed to by six major powers, of proposed new U.N. sanctions against Iran over its nuclear program includes travel bans and asset freezes against named individuals and calls for vigilance over banks in Iran.

Following are key provisions of the draft, obtained by Reuters on Friday:

TRAVEL BAN

All states shall seek to prevent the entry into or transit through their territory of specific named individuals "engaged in, directly associated with or providing support for Iran's proliferation sensitive nuclear activities or for the development of nuclear weapon delivery systems."

ASSETS FREEZE

An assets freeze detailed in a previous resolution last year is extended to further specified persons and entities.

EXPORT CREDIT

States are called on to "exercise vigilance" in taking on new commitments for financial support for trade with Iran, including export credits, guarantees or insurance.

FINANCIAL MONITORING

States are urged to exercise vigilance over activities of financial institutions in their territories with all banks domiciled in Iran, especially Bank Melli and Bank Saderat.

CARGO INSPECTIONS

States should inspect cargoes to and from Iran of aircraft and vessels owned or operated by Iran Air Cargo and Islamic Republic of Iran Shipping Line if they believe they are transporting goods prohibited by U.N. resolutions. (Compiled by Patrick Worsnip; Editing by Peter Cooney)


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