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  • World - Asia
  • Updated: May 16, 2020

China Tells US To 'Fulfill Financial Obligations To UN'

China Tells US To 'Fulfill Financial Obligations To UN'

 

On Friday, China called on all member states of the United Nations (UN) to “actively fulfill their financial obligations to the United Nations,” stating that the United States owes the UN over $2 billion.

In a statement, China said, “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 US dollars respectively.”

It added that “the United States is the largest debtor, owing 1.165 billion and 1.332 billion US dollars respectively.”

The US contributes a total of $3 billion to the budget of the UN, which makes up 22 percent of its yearly expenditure, and $6 billion, which is the 25 percent of the UN's peacekeeping missions.

READ ALSO: China Describes US' Accusation Of Attempted Vaccine Stealing As A 'Smear'

In response to China's statement, the United States hit back saying that China is “eager to distract attention from its cover-up and mismanagement of the COVID-19 crisis, and this is yet another example.

“The United States recently made a payment of $726 million toward its peacekeeping assessment, and per practice will pay the bulk of its assessment at the end of the calendar year," it added.

The statement by the US said that the arrears on the UN's peacekeeping mission was $888 million, which  “Roughly two-thirds of this amount is the result of payment at the rate of 25 percent from 2017 through the present.”

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