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Framing the new START Treaty -- The talks take shape -- Rome - the red ballroom -- The run to Moscow -- October breakthrough on verification -- Senate Observer Group in Geneva -- Losing the race to December -- Copenhagen - the presidents meet -- January regroup in Moscow -- Long winter slog -- April glitter in Prague castle -- Up to the Senate -- The last votes -- The gold standard treaty - lessons learned.

The United States has come full circle from its harsh criticism of the 1990s sanctions regime against Iraq, relying on UN Security Council sanctions as the major means of pressuring Tehran over its nuclear programme. Other members of the Security Council, especially Russia, have been less enthusiastic. Experience with North Korea indicates that the major powers might be placing too much emphasis on the Security Council process and not enough on improved instruments of sanctions policy represented by new US financial laws and procedures after rr September, which have done much to improve banking due diligence and other measures in pursuit of the fight against terrorism. The United States and Russia might be more willing to work together in the realm of anti-terrorism financial measures to pressure Iran than they have been at the UN Security Council. (Survival / SWP)