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Kofi Annan formally accepted the Nobel Peace Prize
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Friday, 21 December 2001
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Secretary-General Kofi Annan formally accepted the Nobel Peace Prize on behalf of the UN at an awards ceremony in Stockholm, Sweden. The UN Security Council met in closed consultations to discuss the Secretary-General’s latest report on UN operations in Cyprus, in addition to the latest report of the Panel of Experts on the illegal exploitation of natural resources in the Democratic Republic of the Congo. The 1995 Pact on Migrating and Shared Fish Stocks entered into force after Malta became the 30th country to formally ratify the accord. The UN released its adjusted budget for the 2000-2001 biennium, which after inflation, living adjustments and rates of exchange totaled $2.56 billion.
 
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