UNDP sets record straight on WIPO transaction

Jul 27, 2012

UNDP has not ``financed’’ the shipment of computers to the Democratic People's Republic of Korea or Iran on behalf of the World Intellectual Property Organization (WIPO), as has been erroneously reported in a few media outlets recently.  As a service, UNDP occasionally makes payments on behalf of other UN agencies.

In November 2011, WIPO requested UNDP China to place an order to a computer supplier and to make a payment on its behalf. This transaction was blocked by the US Office of Foreign Assets Control due to possible concerns over sanctions. UNDP refunded the money to WIPO and has had no further involvement in this matter.

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