'Mild' New Iran Sanctions Forged
Compromise reached on 3rd round to present united front to derail nukes
By Jason Farago,  Newser Staff
Posted Jan 23, 2008 8:17 AM CST
German Foreign Minister Frank-Walter Steinmeier, left, talks with his counterparts Bernard Kouchner of France, center, and David Miliband of Great Britain, right, in Berlin on Tuesday, Jan. 22, 2008....   (Associated Press)
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(Newser) – Six leading world powers have agreed on a draft United Nations resolution for a third round of sanctions against Iran that stop short of the punishing economic measures the US had advocated, the Los Angeles Times reports. The sanctions include some extension of travel and business bans—but in "weakened" language that calls only for voluntary "monitoring" of financial and military institutions, according to the Washington Post.

In the face of strong opposition from Russia, the proposed measures will not include bans on arms sales. The compromise was reached to present a united front behind sanctions to pressure Iran to end its enrichment of uranium, necessary for nuclear weapons. Negotiations were "not always all that easy," said the German foreign minister, who hosted the summit in Berlin, but the new plan ends an eight-month impasse.