Highlights from President Bush's plan to achieve peace and democracy in Iraq:

* On June 30, full sovereignty will be transferred to an Iraqi government, and the Coalition Provisional Authority will cease to exist. Ambassador John D. Negroponte will oversee the new U.S. Embassy.

* After the transfer of sovereignty, U.S. and coalition forces will stay in Iraq as part of a multinational force authorized by the United Nations. U.S. forces will remain under U.S. command and will have clear rules of engagement. The United States will retain its current troop level of 138,000 as long as necessary.

* Iraq and its armed forces will be a principal partner in the coalition. Iraqi forces will be under Iraqi civilian control, and there will be an Iraqi national chain of command for their forces. The United States is accelerating its program to train Iraqi soldiers and police.

* The United States is dedicating more than $20 billion toward reconstruction and development projects in Iraq and will continue working with Iraqi leaders to rebuild the country's infrastructure.

* The United States will fund the construction of a modern maximum-security prison. When it is completed, prisoners at Abu Ghraib will be moved and -- with approval of the Iraqi government -- Abu Ghraib will be demolished.

* Secretary of State Colin L. Powell will work with members of the U.N. Security Council to endorse a timetable on Iraqi governance and encourage more international support.

* At the NATO summit in June, Bush will speak with leaders of NATO countries about the organization's role in Iraq's security and reconstruction.

SOURCE: The White House