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Iran regains UN vote after paying with assets frozen in South Korea

 Iran regains UN vote after paying with assets frozen in South Korea
posted onJanuary 24, 2022
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The Islamic Republic of Iran has regained the right to vote at the United Nation after Tehran paid its membership arrears from assets frozen in South Korea, the country’s officials said.

Tehran has lost its right to vote in the UN General Assembly due to the unpaid membership fees. The minimum amount for Iran to pay to recover its vote was just over $18 million.

Last year Iran lost its vote over unpaid dues. However, after months of negotiations Iran was allowed to access money blocked by the US Treasury and got back its vote in June in time for the election of new members of the Security Council.

Under the UN charter, a member country's right to vote is suspended when its arrears equal or exceed the amount of dues it should have paid over the preceding two years.