UN HQSIsrael has said, it is cutting a substantial amount in its annual dues to the United Nations this year in protest of last month’s Security Council resolution condemning Israeli settlement activity on occupied Palestinian territories.

The announcement made by Israel’s UN Mission yesterday stipulated that 6 million dollars out of more than a regular 40 million dollars allocated to anti-Israel bodies will be halted.

The mission said, the cut in funding is the first in a series of steps under consideration by the foreign ministry in reaction to the recently passed resolution that termed the settlements a flagrant violation under international law.

The UN vote was abstained by the administration of President Barack Obama, which faced criticism from Israel, its closest ally, as well as President-elect Donald Trump.