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January 24, 2022       Share:    

Source: https://www.reuters.com/world/skorea-says-iran-regain-un-vote-after-delinquent-dues-paid-with-frozen-funds-2022-01-23/

South Korea Pays Iran's UN Dues with $18 Million in Frozen Funds

(Reuters) Iran is to regain its vote in the UN General Assembly after South Korea paid Tehran's $18 million in delinquent dues with frozen Iranian funds, South Korea said on Sunday. Release of Iran's frozen funds requires the approval of the U.S. Tehran has demanded the release of $7 billion of its funds frozen in South Korean banks under U.S. sanctions.

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