UN REQUESTS PAYMENT OF 2007 ASSESSMENT FOR CAPITAL

UNCLAS USUN NEW YORK 000014 SIPDIS SIPDIS E.O. 12958: N/A TAGS: UN CMP AORC AFIN SUBJECT: UN REQUESTS PAYMENT OF 2007 ASSESSMENT FOR CAPITAL MASTER PLAN ¶1. USUN has faxed to Department (IO/MPR-David Leis and EUR-IO/EX/FM-Alice Green) a copy of a note from the Secretary-General, dated January 5, 2007 requesting payment SIPDIS of the U.S. assessed contribution to the UN Capital Master Plan (CMP) for 2007. The note outlines two payment options, a multi-year payment plan whereby $75,534,800 would be due for 2007 or a one-time payment plan whereby an amount of $377,674,000 would be due in 2007. In addition, a payment in the amount of $9,900,000 is requested for the Working Capital Reserve Fund. The note also refers to outstanding payments in the amount of $22,110,000 with respect to the CMP for prior years. Text of the note is as follows: ¶2. Begin Text: The Secretary-General of the United Nations presents his compliments to the Permanent Representative of the United States of America to the United Nations and has the honour to refer to General Assembly resolution 61/251 of 22 December 2006, concerning the financing of the Capital Master Plan. In paragraphs 14 and 15 of the resolution, the General Assembly approved the funding of the Capital Master Plan, based on a mix of one-time and equal multi-year assessments, and decided that all assessments will be based on the regular budget scale of assessments applicable for 2007. In paragraph 16 of the resolution the Assembly decided also that "notwithstanding financial regulation 3.4, assessments for the capital master plan shall be issued on the same day of the first working week of January and shall be considered as due and payable in full within one hundred and twenty days of that date." In paragraph 17 of the resolution the Assembly agreed "in this context, that in 2007 Member States will be allowed a period of sixty days, beginning from 5 January, within the period of one hundred and twenty days referred in paragraph 16 above, to select the option of one-time or multi-year payment of their assessment on a fixed scale, as referred to in paragraph 15 above;" In paragraph 18 the Assembly further decided, "on an exceptional basis and ad-hoc basis, unless notified otherwise by a Member State within sixty days of the issuance of the notification by the Secretary-General, to place Member States on the multi-year assessment plan for the full period of the capital master plan." In paragraph 19 of the resolution the Assembly also decided that "once a Member State selects the option of one-time payment, that selection shall be irrevocable, unless otherwise notified to the Secretary-General by the end of the period of one hundred and twenty days referred to in paragraph 16 above;" In accordance with the provisions of General Assembly resolution 61/251 as outlined above, the following options are available: a) Unless notification otherwise is received by 6 March 2007, an amount of $75,534,800 will be payable by His Excellency's Government for the year 2007, under the multi-year payment plan. b) If option a) is not selected, an amount of $377,674,000 will be payable by His Excellency's Government, under the one-time payment plan. This option shall be irrevocable, unless notification otherwise is received by the Organization by 7 May 2007. In addition, an amount of $9,900,000 is payable by His Excellency's Government for the working capital reserve fund. In this connection, the Secretary-General also wishes to bring to the attention of His Excellency that the United Nations records indicate that an amount of $22,110,000 remains payable by His Excellency's Government with respect to the capital master plan for prior years. As indicated in paragraph 16 of the resolution, notwithstanding financial regulation 3.4, assessments or Capital Master Plan shall be considered as due and payable in full within one hundred and twenty days of the date on which the assessment notices were issued, i.e., 7 May 2007. Payment may be made by check or by direct deposit to the following account: Bank: JPMorgan Chase Bank ABA Number: 021000021 Swift Address: CHASUS33 Account Name: United Nations Capital Master Plan (CMP) Account Number: 485-002167 Location: New York, NY U.S.A. The Secretary-General avails himself of this opportunity to renew to His Excellency the assurances of his highest consideration. End Text. WOLFF