FACTBOX - Highlights of draft resolution on Iran sanctions

UNITED NATIONS (Reuters) - Following are highlights of a draft resolution on Iran, which were presented to the 15-member U.N. Security Council on Thursday for consideration. A vote is anticipated next week.

The text, obtained by Reuters, was drawn up by Germany and the five permanent Security Council members -- the United States, Britain, France, Russia and China.

It penalises Iran for refusing to suspend uranium enrichment work, which can be used in a bomb or for peaceful purposes. The draft is a follow-up to a December 23 resolution that imposed trade sanctions on Iran's sensitive nuclear materials and froze the assets of Iranian individuals and companies.

The new draft:

* Tells Iran again to suspend work on enrichment-related and reprocessing and heavy water-related reactor projects, to be verified by the IAEA, the International Atomic Energy Agency. It asks the agency to report within 60 days about whether Iran has complied.

* Decides to extend an assets freeze to additional groups, companies and individuals engaged in or supporting sensitive nuclear activities or development of ballistic missiles. On the new list are the state-owned Bank Sepah and firms controlled by Iran's Revolutionary Guards Corp.

* Imposes an embargo on conventional weapons Iran can export but calls on states to "exercise vigilance and restraint" in shipping any heavy weapons to Iran.

* Calls on nations and international financial institutions not to enter into new commitments for "grants, financial assistance and concessional loans" to Iran except for "humanitarian and developmental purposes."

* Calls but does not order nations to "exercise vigilance and restraint" in barring travel by Iranian officials engaged in sensitive nuclear activities. But the text orders all nations to notify a Security Council sanctions panel if the individuals travel in their territory. An annex expands the list of people included in the December resolution.