June 11, 2021
Publication:
The New York Times
Related Country:
- South Korea
On June 11, Iran paid $16.2 million in late dues to the United Nations, thereby regaining its U.N. voting rights. The United Nations had suspended Iran's voting ability after Iran's earlier failure to pay its dues. Iran obtained the money from a bank account in South Korea that had previously been frozen due to U.S. financial sanctions. The U.S. Department of the Treasury ultimately allowed Iran to withdraw the funds, a potential signal to Iran as nuclear negotiations continue.
