News ID: 319603
Published: 0212 GMT January 23, 2022

Tehran expected to regain its UN voting right after Seoul pays dues from Iran’s frozen assets

Tehran expected to regain its UN voting right after Seoul pays dues from Iran’s frozen assets
Iran’s UN Ambassador Majid Takht-Ravanchi

Iran is expected to regain its vote in the UN General Assembly this week after South Korea paid Tehran’s dues to the world body with Iranian funds frozen in the country, the Iranian ambassador to the UN said.

Majid Takht-Ravanchi confirmed on Saturday that Iran’s membership dues to the UN have been paid, so the Islamic Republic’s voting right will be reclaimed this week as soon as the transaction is completed, Tasnim News Agency reported.

It came after South Korea said it has paid $18 million of Iran’s dues to the United Nations with won funds blocked in the country because of the illegal US sanctions.

South Korea confirmed on Sunday that it has paid Tehran’s delinquent dues to the UN with Iranian funds frozen in the country, according to Press TV.

“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,” the Iranian ambassador said.

“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,” he added.

The United States reimposed its draconian sanctions against Iran after the administration of former president Donald Trump unilaterally pulled out of a 2015 international nuclear agreement.

The Iranian envoy stressed that the US sanctions have not only affected the supply of medicine, medical equipment, and humanitarian items but have also disrupted the work of the UN.

South Korea’s Finance Ministry said in a statement that the payment was made Friday in cooperation with the US and the UN after Iran made an “emergency request” to South Korea to pay the dues.

“Iran’s voting right at the UN General Assembly is expected to be immediately restored with the payment,” the ministry added.

South Korea owes Iran more than $8 billion for gas condensate imports from the country but has so far refused to pay it. South Korea sees unilateral sanctions and the so-called US maximum pressure as an impediment to paying off its debt. The issue has been criticized multiple times by Iranian officials.

Iranian authorities have repeatedly said they expect South Korea to do more on the release of the assets blocked illegally at two South Korean banks under the pretext of the United States’ sanctions against the Islamic Republic.

Tehran has been returning Seoul’s refusal to cooperate in repayment of the debts by exercising restrictions on imports from South Korea. Tehran has warned the case could negatively impact bilateral ties.

 

 

 

 

   
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