Venezuela and Libya lose UN vote for 3rd time in 3 years

Image
AP United Nations
Last Updated : Feb 14 2018 | 7:55 AM IST
Venezuela and Libya have been suspended from voting in the UN General Assembly for the third time in three years because of millions of dollars in unpaid dues to the world body.
Secretary-General Antonio Guterres informed the General Assembly in late January that 14 countries including Venezuela and Libya were in arrears, and Assembly spokesman Brenden Varma confirmed today that Venezuela has lost its vote in the 193-member global organisation as a result. Libya did as well.
According to a letter from Guterres to the Assembly president, Venezuela must pay a minimum of USD 25,200,296 to restore its voting rights and Libya must pay at least USD 6,594,842.
Venezuela is mired in an economic and political crisis and Libya has two rival governments, each backed by an array of militias.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2018 | 7:55 AM IST

Next Story