Iran Regains UN Voting Rights After Paying Off Debt To Organization - Reports
Muhammad Irfan Published January 23, 2022 | 07:50 PM
MOSCOW (UrduPoint News / Sputnik - 23rd January, 2022) Iran has restored its right to vote in the UN General Assembly after paying off its debt to the organization from Iranian assets frozen in South Korea, Majid Takht-Ravanchi, Permanent Representative of the Islamic Republic of Iran to the United Nations, said on Sunday.
Iran has lost the right to vote in the UN General Assembly due to unpaid membership fees to the organization in the amount of $18.4 million.
"The Islamic Republic of Iran, as an active member of the United Nations, has always been committed to paying its membership dues on time and we have proven this in action. Unfortunately, for the second year in a row, we faced the problem of paying our membership fee due to the imposition of brutal and unilateral US sanctions against Iran," the envoy was quoted as saying by Mehr news agency.
Iran's voting rights will resume on Monday after the transaction is completed.
The South Korean Foreign Ministry confirmed that the payment of Iran's membership fee of $18 million was made from frozen Iranian accounts in Korea.
In 2021, Iran temporarily lost the right to vote after the United States blocked its usual financial channels, prompting Tehran to began negotiations with the UN on the issue. One of Tehran's proposals was to pay off the debt from Iranian assets blocked in South Korea.
Related Topics
Recent Stories
At least 10 people killed in Brazil fire: officials
Shahzaib Rind calls on Deputy Speaker Balochistan
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-le ..
DC Tharparkar inaugurates anti-polio campaign
HDA Mehran workers demand salaries
Taxila police nab motorcycle lifter gang
Inter-university weightlifting championship kicks off at SAU
Walk held in a series of enrollment campaigns
Team from Gaza mediator Egypt arrives in Israel for truce talks
Kids murders: IHC orders psychiatric examination of mother
Health minister credits PML-N for advancements in organ transplantation
Court grants interim bail to Azam Swati in cyber crime case
More Stories From Business
-
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
51 minutes ago -
Police to take every step for security of business community: IGP
51 minutes ago -
WB director, Planning minister discuss reforms in development projects
59 minutes ago -
IP rights crucial in achieving SDG : Jam Kamal
2 hours ago -
FBR’s data protection efforts commended by OECD assessment team
2 hours ago -
US stocks rebound on tech earnings, London hits new record
3 hours ago
-
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
3 hours ago -
SBP to announce monetary policy on April 29
3 hours ago -
50pc cut in subsidy of BRT service likely: CM’s aide
4 hours ago -
PSX gains 771 points
5 hours ago -
Pakistan, US hold 7th TIFA meeting to strengthen trade and investment ties
5 hours ago -
Meeting held to streamline trade between Pak-Afghan , Central Asian Republics
5 hours ago