02:50 GMT +324 October 2016
    United Nations Secretary General Ban Ki-moon addresses attendees during the 70th session of the United Nations General Assembly at the U.N. Headquarters in New York, September 28, 2015

    Venezuela Loses Voting Rights in UN General Assembly for not Paying Dues

    © REUTERS/ Mike Segar
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    Fifteen countries have failed to pay their annual dues to the United Nation’s regular budget meaning they could lose their voting rights in the General Assembly unless they are deemed by the UN to be involved in exceptional circumstances.

    Among the list of countries that have lost their voting rights in the UN General Assembly is Venezuela, Libya and Bahrain.

    UN Secretary General Ban Ki Moon informed the assembly of these developments in a letter dated Monday and circulated Friday.

    Venezuela needs to pay a minimum of about $3 million to the UN to earn back its voting rights, according to the letter. It can still vote in the Security Council, however.

    Venezuela currently is facing a financial meltdown. Its economy shrank by 10 percent last year, according to the International Monetary Fund and inflation is seeing triple digits. The country has also suffered from a drop in oil prices. It relies on the resource for most of its export profits.

    The letter notes that countries can protect their General Assembly voting rights "if it is satisfied that the failure to pay is due to conditions beyond the control of the member."

    The assembly honored this exception for five countries: Comoros, Guinea-Bissau, Sao Tome and Principe, Somalia and Yemen. These conflict-ridden nations will be allowed to vote during the current session which ends in September.

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    • terryjohnodgers
      It is way past time for the UN to be dissolved and nothing but national sovereignty left after its demise.
    • cast235
      RUSSIA should go and SHUT UP , Ban Ki Moon. That is west ordered. U.S was years not paying any dues, and never lose it's rights.
      Anyways paying for a U.S, E.U, U.K PROXY. Where whatever U.S says goes. Ban Ki Moon ONLY talks when U.S states dept orders it.
      How about getting voting rights OFF Turkey for killing KURD'S? Turkey could had wise u and round them up and ship them to Israel.. Here, open them a nation..
      At least is not lynching.

      Russia should offer paying for Venezuela. Later Venezuela could pay back. And will. But Venezuela is having massive loses. As is the entire energy industry.
      Except direct energy corporations. Russia should keep electric and gas prices at home at same level... To keep the profit at coffers. In return the indigent people should be subsidized. Create jobs, and wealth equality. When indigent people get enough, it can be scaled down . Triple energy taxes to keep coffers replenished. Just explain teh people. Until better days.. and create competition to Apple, Mc Donald's, and many others..
    • dewatergeus
      US has never payed any money to this silly UN Organization. The chairman is a joke.
      Because it is their property, their association.They created this association. A UN Chairman does do what the Owner tells him to do.
      US get wet pants when it dreams about all this venezualian Oil as its property. The hell with principles.
      Give the people the soil, but we want the Oil Rights!
    • arnelmadrinan
      3M for a vote ,,hahhahaa hahah wht for UN is nothing, better desolve it,,bomb the fucking building
    • Athanasios
      Venezuela = oil. And when such a country does not have the means to keep and exploit its hydrocarbon wealth, it gets robbed. Ask any Greek.
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