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North Korea says it can't pay UN due to UN bank sanctions

AP  |  United Nations 

has said it can't pay nearly USD 184,000 in dues to the because of UN sanctions that prevent the transfer of funds from

North Korea's said sanctions imposed by the in early August on the Foreign Trade of the Democratic People's Republic of Korea, which is in charge of international transactions, made payment impossible.

The mission said met yesterday afternoon to request the opening of "banking channels" to make the DPRK's required $183,458 payment for 2018 for the U.N.'s regular operations and separate budgets for peacekeeping and international tribunals.

The imposed sanctions on the in a wide-ranging resolution following North Korea's first successful tests of intercontinental ballistic missiles capable of reaching the on July 3 and July 27.

It imposed tougher sanctions in response to Pyongyang's sixth and strongest nuclear test explosion on Sept. 3, and even tougher measures in December after its test on Nov. 29 of its most powerful intercontinental ballistic missile yet.

The banned the Foreign Trade from the US financial system in 2013, and the blamed the for spurring last August's U.N. sanctions against the bank.

A statement from the mission, given to The Associated Press late yesterday, blamed the unilateral U.S. sanctions and "illegal and unlawful" UN sanctions resolutions "fabricated by the US as a sponsor and its followers" for creating "enormous difficulties" and hindering normal activities such as paying UN dues.

This "shows the ulterior political objectives of the sanctions maneuvers pursued by the US and its followers and how cruel and uncivilized the sanctions are," the DPRK said.

The mission asked the UN to provide a "lifeline" and, through its management chief, "to secure promptly the bank transaction channel through which the DPRK can pay regularly its financial contribution.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, February 10 2018. 08:25 IST
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