Iran regains UN vote after US allows use of frozen funds

Published June 12, 2021
Iran was able to vote in the General Assembly on Friday to elect five new members of the UN Security Council. Reuters/File
Iran was able to vote in the General Assembly on Friday to elect five new members of the UN Security Council. Reuters/File

NEW YORK: Iran regained its vote in the UN General Assembly on Friday after the United States enabled Tehran to use funds frozen in South Korea to pay some $16 million it owed to the world body.

Iran lost its vote in the 193-member General Assembly in January because it was more than two years in arrears. It owed more than $65 million, but paid the minimum amount needed to regain its vote.

“Iran has paid the minimum amount due,” UN spokesman Farhan Haq said on Friday, confirming Iran could vote again. Iran says $20 billion of its oil revenue has been frozen in countries like South Korea, Iraq and China since 2018 under sanctions imposed by then-US president Donald Trump.

“Illegal US sanctions have not just deprived our people of medicine; they have also prevented Iran from paying our dues in arrears to the UN,” Iran’s UN Ambassador Majid Takht Ravanchi posted on Twitter.

“After more than 6 months of working on it, the UN today announced it has received the funds.”

Iran was able to vote in the General Assembly on Friday to elect five new members of the UN Security Council.

The foreign ministry said that it had proposed to the United Nations that it could use funds frozen in South Korea to pay its dues. It said the world body followed up with the US Treasury Department to get the appropriate approvals.

“The permit was recently issued and the process of withdrawing the membership fee from Iran’s account in the Korean banks and transferring it to the U.N. account in Seoul has been paved, and this payment will be made soon,” Iranian foreign ministry spokesman Saeed Khatibzadeh said last week.

Published in Dawn, June 12th, 2021

Opinion

Editorial

After the budget
Updated 26 Jun, 2026

After the budget

Though not a bad document per se, the budget for FY27 is a familiar one, and familiarity in our economic history is rarely cause for comfort.
Missing the mark
26 Jun, 2026

Missing the mark

PAKISTAN’S commitment to the SDGs is routinely reaffirmed, but the gap between promises and progress continues to...
Up in smoke
26 Jun, 2026

Up in smoke

PAKISTAN is watching an epidemic unfold as the menace of narcotic abuse hits every fourth household in Karachi ...
Reflection time
Updated 25 Jun, 2026

Reflection time

Israel is the biggest source of instability in the Middle East, and it is high time the US ended its blind support to Tel Aviv, if it genuinely wants peace in the region.
Raised temperatures
25 Jun, 2026

Raised temperatures

THE fraught situation in Azad Jammu and Kashmir requires immense patience and cool heads. Temperatures are raised on...
Debatable remedy
25 Jun, 2026

Debatable remedy

THE Pakistan Psychiatric Society’s challenge to the Federal Shariat Court’s ruling on attempted suicide deserves...