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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Analysis: U.N. rebukes of Israel permitted in U.S. policy shift 1:01am EDT Obama says ready to "'kick ass" over Gulf oil spill | Video 9:26am EDT BP siphons off more oil from well | Video 4:10pm EDT Apple unveils iPhone 4 to fend off Google | Video 07 Jun 2010 Iran says will not swap U.S. detainees for scientist 11:38am EDT Special Report: The incredible saga of Europe's A400M 5:34am EDT GM recalls 1.5 million vehicles on fire risk 12:38pm EDT Dow and S&P rise on commodities and banks, but tech dips | Video 4:27pm EDT Circumcision may prevent sex-related penis injuries 04 Jun 2010 Joran Van der Sloot confesses to killing Peru woman | Video 3:00pm EDT Analysis: U.N. rebukes of Israel permitted in U.S. policy shift 1:01am EDT GM recalls 1.5 million vehicles on fire risk 12:38pm EDT Obama says ready to "'kick ass" over Gulf oil spill | Video 9:26am EDT Gold could fall 40 percent from peak: Prechter 07 Jun 2010 Circumcision may prevent sex-related penis injuries 04 Jun 2010 Gates Foundation gives $1.5 bln for women's health 10:41am EDT Gold hits record high as risk aversion resurfaces 11:46am EDT PTSD may boost dementia risk in older vets 07 Jun 2010 Helen Thomas retires after Israel remarks 07 Jun 2010 Farmer fires home-made cannon to defend land 12:16pm EDT U.N. readies Iran sanctions vote Louis Charbonneau UNITED NATIONS Tue Jun 8, 2010 3:44pm EDT UNITED NATIONS (Reuters) - After months of tough negotiations, Security Council powers said on Tuesday they were set to vote on a resolution that would impose a fourth round of U.N. sanctions on Iran because of its nuclear program. World Mexico's U.N. Ambassador Claude Heller, current president of the 15-nation Security Council, told reporters it was due to meet for the vote at 10 a.m. EDT (1400 GMT) on Wednesday, after broad agreement was reached on who would be targeted in Iran. U.S. Defense Secretary Robert Gates said the expected passage of the resolution would provide a springboard for individual countries to take their own tougher measures against Tehran for refusing to halt uranium enrichment. Iran, however, warned its close trading partner Russia against joining Western nations in backing new punitive measures against the Islamic Republic. Western diplomats expect 12 of the council members, including all the five that hold vetoes, to vote for the resolution. Turkey, Brazil and Lebanon are not expected to support it. Western diplomats told Reuters on condition of anonymity there were currently one individual and 41 entities, including a bank, blacklisted in the draft resolution. They identified the individual as Javad Rahiqi, head of a nuclear center in Isfahan where Iran runs a uranium processing facility. Although key council members have agreed on the list, the United States and China still were discussing at least one entry, which means the blacklist could expand or shrink slightly before the vote, the diplomats said. Those added to an existing U.N. blacklist for suspected ties to Iran's nuclear or missile programs will face international travel bans and asset freezes. "It's a much tougher resolution than any of us had predicted we'd get," a Western council diplomat said. The draft resolution was the product of months of talks between the United States, Britain, France, Germany, China and Russia. The four Western powers had wanted tougher measures -- some targeting Iran's energy sector -- but Beijing and Moscow worked hard to dilute the proposed steps. 'APPROPRIATE REACTION' FROM IRAN The resolution calls for measures against new Iranian banks abroad if a connection to the nuclear or missile programs is suspected, as well as vigilance over transactions with any Iranian bank, including the central bank. It also would expand the U.N. arms embargo against Tehran and blacklist some entities controlled by Islamic Republic of Iran Shipping Lines and the Islamic Revolutionary Guard Corps. A senior Iranian official warned of an "appropriate reaction" against world powers if they imposed new sanctions. An Iranian lawmaker said Tehran would reconsider its cooperation with the U.N. nuclear watchdog if the sanctions went ahead -- a threat Tehran has made before. Iran insists its nuclear program is peaceful and not aimed at making atomic weapons, as the West suspects. It has defied five Security Council resolutions demanding it stop enriching uranium, which can produce fuel for bombs or reactors. Gates said in London that individual nations likely would move quickly to pass measures that go beyond the U.N. sanctions. "One of the many benefits of the resolution is that it will provide a legal platform for individual nations to then take additional actions that go well beyond the resolution itself," he said. "I believe that a number of nations are prepared to act pretty promptly. "I do not think we have lost the opportunity to stop the Iranians from having nuclear weapons." Iran's President Mahmoud Ahmadinejad admonished Russia at a news conference in Istanbul, where he was attending a summit along with Russian Prime Minister Vladimir Putin, to take care "not to be on the side of the enemies of the Iranian people." Putin, who said he expected to meet Ahmadinejad on Tuesday in Istanbul, said the sanctions should not be excessive. "We will have an opportunity to discuss these problems if my Iranian colleague will have such a need," he said, adding there should be no obstacles to the "development of Iran's peaceful nuclear energy. The Iranian president said a nuclear fuel swap deal agreed by Tehran with Turkey and Brazil was an opportunity that would not be repeated. The deal, which has been rejected by the West as too little too late, was intended to defuse the crisis. Turkey and Brazil last month revived parts of a U.N.-backed offer for Tehran to part with 1,200 kg of low enriched uranium in return for special fuel rods for a medical research reactor. They say the deal removes the need for sanctions. Ahmadinejad said the swap deal was a one-time offer. Turkish President Abdullah Gul urged Ahmadinejad on Monday to tell the international community his government was ready to cooperate and solve the dispute over its nuclear program. (Additional reporting by Jon Hemming and Gleb Bryanski in Istanbul, Adam Entous in London; writing by Patrick Worsnip and Louis Charbonneau; editing by Bill Trott) World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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