December 10, 1999
Web posted at: 6:59 p.m. EST (2359 GMT)

(Reuters) -- The U.N. Security Council is considering a comprehensive resolution on future policy toward Iraq. The wide-ranging document would restart arms inspections and suspend trade sanctions imposed following Iraq's 1990 invasion of Kuwait, if Iraq complies with disarmament demands.

Main points of the proposal:

• ARMS CONTROL

  A new arms watchdog, UNMOVIC (U.N. Monitoring, Verification and Inspection Commission), would replace the U.N. Special Commission (UNSCOM).

  UNMOVIC, searching for Iraq's chemical, biological and ballistic-missile programs, and the International Atomic Energy Agency (IAEA), concerned with Iraq's nuclear programs, would draw up work schedules within 60 days after beginning operations. They would submit a list of key disarmament tasks to Iraq. The Security Council has to approve the work program as well as the list.

• OIL EXPORTS

  Immediately after the resolution is adopted, the cap on Iraqi oil sales would be lifted. The cap is now set at $5.26 billion every six months under the "oil-for-food" program. Shipment of parts and equipment to upgrade Iraq's oil industry would also be expedited through pre-approved lists. A panel would survey Iraq's oil industry and recommend long-term improvements.

• IMPORTS

  The resolution would immediately streamline procedures for importing foodstuffs, pharmaceuticals, medical supplies, agricultural equipment and educational items into Iraq.

• SANCTIONS SUSPENSION

  Sanctions could be suspended by a vote of the Security Council after UNMOVIC reports that Iraq has made progress on key disarmament tasks and cooperated fully with inspectors during a test period that is yet to be determined. The resolution suggests 60, 120 or 180 days.

Note: Pages will open in a new browser window

External sites are not endorsed by CNN Interactive.