UN SEEKS BANKING INSTRUCTIONS TO DEPOSIT BALANCE

UNCLAS USUN NEW YORK 000022 SIPDIS SIPDIS E.O. 12958: N/A TAGS: AFIN AORC KUNR SUBJECT: UN SEEKS BANKING INSTRUCTIONS TO DEPOSIT BALANCE OF FUNDS FROM TRUST FUND FOR THE IMPLEMENTATION OF THE COTONOU ACCORD ON LIBERIA REF: USUN 00879 (2005) ¶1. (U) This is an action request. Please see paragraph 4. ¶2. (U) The United Nations contacted the Mission to seek electronic fund transfer instructions (EFT) in order to deposit the balance of funds remaining in the Trust Fund for the Implementation of the Cotonou Accord on Liberia. Per reftel, the Mission has previously communicated to the Department the UN's desire to close this Trust Fund. A balance of $104,489 remains in the Trust Fund. ¶3. (U) The Trust Fund for the Implementation of the Cotonou Accord on Liberia was established in 1993 to support the implementation of the Cotonou agreement, including the deployment of peacekeeping troops of the ECOWAS Monitoring Group and demobilization of combatants. The USG contributed $22,190,400 for logistical support for the deployment and maintenance of ECOWAS troops. The funds in the amount of $104,489 represent the unencumbered balances from the USG's contribution, as well as the pro-rata share of accrued interest income to the Trust Fund. ¶4. (U) USUN has not previously received instructions from the Department on the disposition of these funds. As this matter remains outstanding since 2002, USUN requests Department to provide the necessary guidance so that the UN may disburse these funds and close the Trust Fund account. WOLFF