President Bush says the new U.N. resolution on Iraq is a great victory for the Iraqi people and will lead to broader stability throughout the Middle East.

President Bush says the new resolution shows the international community stands side-by-side with the Iraqi people.

"The U.N. Security Council resolution supports the interim government," he said. "It supports free elections. It supports the multinational force. America supports strongly the idea of a free society in the midst of hatred and intolerance."

U.S. and British officials revised the resolution to address concerns within the Security Council about how much autonomy that new Iraqi government will have with more than 130,000 U.S. troops staying in Iraq after the June 30 handover of power.

British Prime Minister Tony Blair said that the new text gives that government greater oversight over coalition military operations.

"There is no doubt at all that sovereignty, full and indivisible sovereignty, transfers to the government of Iraq," he said. "And the multinational force from now on is there in support of the Iraqi government."

The prime minister said that the unanimous vote shows that the international community has put past differences over Iraq behind them and is now working toward a modern, democratic and stable Iraq that will lead to greater regional security.

But in the short term, Mr. Blair warns that foreign terrorists and members of the former Iraqi government will likely continue to try and destabilize the process.

"I've no doubt there will be difficult and dangerous days ahead," he added. "These people will continue with their terrorism and their obstruction, but there should be no doubt about what it is we want to see happening in Iraq or indeed the collective determination of a united world to bring it about."

The prime minister said that those behind continuing violence now face not only the multinational force and a new Iraqi government, but also the entire weight of a united international community.

Within the G8, the United States, Britain, Japan and Italy are part of the military coalition in Iraq. France, Germany, Russia, and Canada support the revised resolution, but say they will not be sending troops.