Recognizes the dissolution of the Coalition Provisional Authority (CPA) and looks forward "to the end of the occupation and the assumption of full responsibility and authority by a fully sovereign and independent Interim Government of Iraq by 30 June 2004."
[Editor's Note: The Coalition Provisional Authority transferred power to the interim Iraqi government on June 28, 2004.]
Calls for an investigation into the Saddam Hussein regime for "bribery, kickbacks, surcharges on oil sales, and ilicit payments" with humanitarian goods brought in during the economic sanctions of the 1990s.
Condemns violence against humanitarian workers, citing the Aug. 19, 2003 terrorist attack against UN headquarters in Baghdad. Expresses determination to ensure the safety and security of humanitarian and UN personnel.
Lifts sanctions placed on Iraq by Resolution 661 on Aug. 6, 1990. Requests the UN Secretary General to terminate the UN Oil-for-Food program. Establishes a Development Fund at the Iraqi Central Bank to deposit oil revenues from export sales.
Holds Iraq in "material breach" of disarmament obligations, offers Iraq a final chance to comply by allowing weapons inspections to resume, and warns of "serious consequences" for continued violations.
Reaffirms UN members' commitment to maintaining the territorial integrity of Iraq. Draws up a "Goods Review List," a list of products which would be subjected to the scrutiny of a United Nations sanctions committee.
Replaces the UN Special Commission (UNSCOM) with the UN Monitoring, Verification and Inspection Commission (UNMOVIC). Lifts all export limits on Iraqi oil and arranges for facilitating humanitarian supplies to Iraq.
Demands Iraq rescind its Oct. 31, 1998 and Aug. 5, 1998 decisions to cease cooperation with weapons inspectors. Further demands that Iraq provide "immediate, complete and unconditional cooperation" with inspectors.
Condemns continuing violations of earlier resolutions by Iraq, demands compliance with weapons inspectors, and imposes travel restrictions on Iraqi officials deemed to have obstructed weapons inspectors.
Condemns Iraq's "serious violation" of Resolution 687 and its non-compliance with obligations under the July 1, 1968 Non-Proliferation of Nuclear Weapons Treaty. Orders Iraq to provide "full, final and complete disclosure" of all weapons programs. Requires Iraq to allow flyovers for weapons surveillance and survey purposes.
Proposes allowing Iraq to export up to $1.6 billion of oil, the revenue from which would be paid into a UN-administered account, to be used only to buy food, medicines and other essential material for a six month period.
Requires Iraq to: unconditionally accept the destruction, removal, or rendering harmless all chemical and biological weapons; agree not to acquire or develop nuclear weapons or nuclear-weapons-usable material; and not use, develop, construct or acquire any weapons of mass destruction.
Creates the United Nations Special Commission (UNSCOM) to verify the elimination of Iraq's chemical and biological weapons programs and mandates that the International Atomic Energy Agency (IAEA) verify elimination of Iraq's nuclear weapons program.
Imposes economic sanctions on Iraq as a consequence of Iraq's invasion of Kuwait. Sanctions include a full trade embargo barring all imports from and exports to Iraq, excepting only medical supplies, foodstuffs, and other items of humanitarian need.
II. Select UN Security Council Resolutions on Iraq