France and the United States have both prepared informal papers outlining the kinds of punitive measures against Iran the 15-nation Security Council could approve....Among the possible targets are Iran's central bank, which Western diplomats say has been a key player in financing Tehran's nuclear and missile programs and in skirting previously approved U.N. sanctions....One diplomat said that they were considering the idea of blacklisting Iran's five biggest banks.
One idea under consideration is adding members of the Iranian Revolutionary Guard Corps (IRGC) and companies controlled by it to a list of individuals and firms facing travel bans and asset freezes....
They could blacklist Iranian shipping companies. Two firms -- Iran Air Cargo and Islamic Republic of Iran Shipping Lines -- were mentioned in the March 2008 sanctions resolution.....
The idea of expanding the existing U.N. ban on arms exports from Iran to include a ban on arms imports is being discussed....
The French sanctions paper includes a general call for targeting Iran's energy sector. Although the United States, like Britain, supports the idea of targeting Iran's oil and gas industries, the U.S. paper does not call for it. The reason for leaving it out, diplomats say, is that Washington is concerned that including it now could unnecessarily delay the process of negotiating a sanctions package that is acceptable to Russia and China..."
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