julija 2003 je Svet sprejel Skupno stališče 2003/495/SZVP o Iraku [1] o izvajanju Resolucije Varnostnega sveta Združenih narodov 1483 (2003), ki ukinja vse prepovedi trgovanja z Irakom in posredovanje finančnih in gospodarskih virov Iraku, sprejetih v okviru Resolucije Varnostnega sveta 661 (1990) in naslednjih resolucij, skupaj z Resolucijo 778 (1992), razen orožja in sorodnega materiala, ki ga Združene države Amerike in Združeno kraljestvo Velike Britanije in Severne Irske potrebujejo kot zasedbene sile pod enotnim poveljstvom (v nadaljevanju "oblast") in ki nalaga nove ukrepe.
On 7 July 2003, the Council adopted Common Position 2003/495/CFSP on Iraq(1) implementing the United Nations Security Council Resolution 1483 (2003), which repeals all prohibitions related to trade with Iraq and the provision of financial and economic resources to Iraq established by Security Council Resolution 661 (1990) and subsequent relevant resolutions including Resolution 778 (1992), with the exception of prohibitions related to the sale or supply to Iraq of arms and related material other than those arms and related material required by the United States of America and the United Kingdom of Great Britain and Northern Ireland as occupying powers under unified command (hereinafter called "the Authority"), and imposing new measures.