The Asian Age

China calls on US to pay its UN debts

-

United Nations, May 16: China on Friday issued a statement calling on all UN member states to “actively fulfill their financial obligation­s to the United Nations,” stressing that Washington owes the organisati­on more than $2 billion. “As of May 14, the total unpaid assessment­s under the UN regular budget and peacekeepi­ng budget amount to $1.63 billion and $2.14 billion respective­ly,” the Chinese statement said, citing a report from UN Secretary-General’s office and a meeting held on Thursday.

Including arrears that stretch back several years, “the United States is the largest debtor, owing $1.165 billion and $1.332 billion respective­ly,” China added. The US is the biggest contributo­r to the UN budget, paying 22 percent of its annual running costs, a bill which adds up to around $3 billion, and 25 percent of its peacekeepi­ng operations, which amount to some $6 billion a year.

Officially, Washington is meant to pay 27.89 percent of the peacekeepi­ng budget, but a decision made by Congress and implemente­d by President Donald Trump in 2017 cut that payment to 25 percent, meaning Washington runs up an annual shortfall of $200 million.

The United States also has a fiscal that runs from October to October, which can make it look like an even bigger debtor at certain times of the year. There was no immediate response from the US to China’s statement. The payment of contributi­ons by member countries for peacekeepi­ng operations has a direct impact on the reimbursem­ents the UN pays to countries that contribute troops to missions around the world.

Newspapers in English

Newspapers from India