Liberia’s steadfast commitment to the International Maritime Organization (IMO) has been unequivocally demonstrated by its full and prompt payment of its 2025 assessed contributions, totaling £5.5 million (US$7.1 million). This substantial sum represents approximately 15% of the IMO’s total annual budget of £37.5 million, as approved during the 33rd Assembly session in December 2023. This proactive financial responsibility underscores Liberia’s unwavering dedication to the IMO’s core mission of ensuring safe, secure, and environmentally sound international shipping practices. By fulfilling its financial obligations, Liberia not only upholds its standing within the organization but also reinforces its position as a responsible and influential player in the global maritime arena. This action further bolsters Liberia’s campaign for re-election to Category A of the IMO Council, a testament to its significant contribution and active participation within the organization.
The timely settlement of these dues carries significant weight, as it ensures Liberia retains its full voting rights at all IMO meetings. This prevents the application of Article 61 of the IMO Convention, which restricts voting privileges for member states with outstanding contributions. Maintaining full voting power allows Liberia to actively participate in shaping the future of global shipping regulations and policies, reflecting its commitment to fostering a robust and sustainable maritime industry. Moreover, this financial commitment enhances Liberia’s international reputation as a reliable partner in the global community, strengthening its credibility as it advocates for a non-permanent seat on the United Nations Security Council.
Liberia’s significant financial contribution to the IMO mirrors its prominent role in global trade. With approximately 80% of international commerce transported by sea, Liberia recognizes the vital importance of a well-regulated and secure maritime environment. By investing in the IMO, Liberia effectively invests in the future of global trade and economic prosperity. This dedication to the IMO’s principles and objectives aligns with Liberia’s pursuit of a non-permanent seat on the UN Security Council, demonstrating its commitment to international cooperation and responsible global citizenship.
Cllr. Neto Zarzar Lighe, Sr., Commissioner/CEO of the Liberia Maritime Authority, has reaffirmed Liberia’s enduring dedication to the IMO, emphasizing the country’s commitment to timely payment of dues and other contributions that support the organization’s progressive agenda. This commitment extends beyond mere financial obligations, encompassing active participation in shaping IMO policies and promoting sustainable maritime practices. Cllr. Lighe’s statement underscores Liberia’s determination to contribute to the advancement of global shipping, ensuring its continued growth and development.
Liberia’s consistent record of timely payments, including the fulfillment of its 2024 IMO dues, further solidifies its commitment to upholding international obligations. This consistent track record of financial responsibility distinguishes Liberia as a dependable partner within the international community. It demonstrates the country’s commitment to contributing to the stability and effectiveness of international organizations, strengthening its position as a responsible and influential global actor. This reliability resonates not only within the IMO but also within the broader context of international relations, enhancing Liberia’s credibility on the global stage.
In conclusion, Liberia’s full and prompt payment of its 2025 IMO contributions signifies more than just a financial transaction. It represents a resolute commitment to the principles of safe, secure, and environmentally responsible shipping. This commitment is further underscored by Liberia’s active participation in IMO initiatives and its pursuit of a seat on the IMO Council. By consistently fulfilling its financial obligations and actively engaging within the organization, Liberia reinforces its position as a leader in the global maritime community and strengthens its standing as a responsible and reliable member of the international community. This dedication not only benefits Liberia’s maritime interests but also contributes to the overall stability and prosperity of the global trading system.
