European powers have begun drafting a resolution to have Iran referred to the UN Security council for restarting its nuclear programme.The UK, France, Germany along with the US want the UN to consider sanctions. British Foreign Secretary Jack Straw: “What we are doing now is consulting our colleagues – United States, China and Russia about time-tables and conditions. The main reason for doing so is because we believe that given Iran’s plain non-compliance with its safe-guard obligations – this is now a matter for which the Security Council needs to take responsibility.” Though Russia is edging towards the West’s more hardline approach to Iran, China appears reluctant believing diplomacy has not run its course. Tehran has so far been defiant and insists its nuclear programme is peaceful. The country’s finance minister warned that sanctions would also harm the west because they would drive up oil prices. As key UN diplomats met in London to decide what action to take against Iran, demonstrators outside were calling for more action and less talk. It seems that they are closer to getting their wish. The resolution drawn up by Britain, France and Germany calls on the International Atomic Energy Agency to summon an emergency meeting in early February. The UN nuclear watchdog would hold a ballot on referring Iran to the Security Council which could then in turn impose sanctions.