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

Afghan puzzle
Updated 28 May, 2024

Afghan puzzle

Unless these elements are neutralised, it will not be possible to have the upper hand over terrorist groups.
Attacking minorities
28 May, 2024

Attacking minorities

WHILE Pakistan has watched many perish in the cauldron of sacrilege, the state has done little to turn down the...
Persistent scourge
28 May, 2024

Persistent scourge

THE challenge of polio in Pakistan has reached a new nadir, drawing grave concerns from the Technical Advisory Group...
Mercury rising
Updated 27 May, 2024

Mercury rising

Each of the country's leaders is equally responsible for the deep pit Pakistan seems to have fallen into.
Antibiotic overuse
27 May, 2024

Antibiotic overuse

ANTIMICROBIAL resistance is an escalating crisis claiming some 700,000 lives annually in Pakistan. It is the third...
World Cup team
27 May, 2024

World Cup team

PAKISTAN waited until the very end to name their T20 World Cup squad. Even then, there was last-minute drama. Four...