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

Furtive measures
Updated 07 Sep, 2024

Furtive measures

The entire electoral exercise has become riddled with controversy, yet ECP seems unwilling to address the lingering questions about the polls.
PCB hot seat
Updated 07 Sep, 2024

PCB hot seat

MOHSIN Naqvi is facing criticism from all quarters. Pakistan’s cricket board chief, who is also the country’s...
Rapes most foul
07 Sep, 2024

Rapes most foul

UNTIL the full force of the law is applied on perpetrators, insecurity will stalk Pakistan’s girl children and...
Positive overtures
Updated 06 Sep, 2024

Positive overtures

It is hoped politicians refusing to frame Balochistan’s problems in black and white is taken as a positive overture by the province's people.
Capital poll delay
06 Sep, 2024

Capital poll delay

THE ECP has cancelled the local government elections in Islamabad for the third time subsequent to a recent ...
Perks galore
06 Sep, 2024

Perks galore

A parasitic bureaucracy still upholds colonial customs whereby a struggling citizenry and flood victims are subservient to status.