China urges all UN member states to fulfil financial obligations

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China urges all UN member states to fulfil financial obligations

Dai Bing, China's deputy permanent representative to the UN, speaks at a Security Council meeting on October 19, 2020 at the United Nations. PHOTO CHINA UNITED NATIONS A Chinese envoy on Monday urged all UN member states, especially major contributors, to fulfill their financial obligations on time and in full.

At the opening of the UN General Assembly, Dai Bing, China's deputy permanent representative for the UN, said that member states should translate their promises into actions to ensure the United Nations' work and mandate implementation.

One major contributor still has long-time arrears, which is the main cause of the UN's liquidity crisis, despite repeated calls by most member states and the secretary-general's letters to member states expressing his concerns, said Dai.

He said that China is fully committed to its financial obligations and has fully paid its assessments to the regular budget this year.

China wants to have broad consultations and to strive for win-win cooperation, and believes that program planning should adhere to the member states-driven principle and take into account the legitimate interests and aspirations of member states, he said.

He said that the budget modality should be scientific and reasonable during the trial period of the annual budget.

It should increase the accuracy and stability of budget preparation and promote the implementation and performance of budget and programs. The envoy said that the Chinese delegation will work with all parties in order to ensure the completion of the agenda and deliver expected outcomes, and that they will always participate in the discussion and consultation of various items.