UNITED NATIONS — North Korea is unable to pay its share of the 2018 U.N. budgets because of international sanctions on its foreign exchange bank and has asked a senior U.N. official for help, the country’s U.N. mission said in a statement.
North Korea’s U.N. Ambassador Ja Song Nam met with U.N. management chief Jan Beagle on Friday to ask the world body to help secure a bank transaction channel so Pyongyang could pay the nearly $184,000 it says it owes for 2018.
U.N. member states are required to pay assessed contributions to the world body’s regular and peacekeeping budgets, as well as a budget for international tribunals.
U.S. and U.N. sanctions on the Foreign Trade Bank, North Korea’s primary foreign exchange bank, were preventing the country “from honoring its obligation as a U.N. member state by hindering even normal activities such as payment of the …
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