It will vote on a resolution drafted by Britain in consultation with the United States and France that expresses concern over supply of missiles and unmanned aerial vehicles reaching the Houthi militia.
Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi has dubbed United States claims over the alleged supply of missiles to Yemen to be "biased" amid the recent UK-drafted resolution, vetoed by Russian Federation in the UN Security Council.
A proxy war is playing out in Yemen between Iran and US ally Saudi Arabia.
In March 2015, a Saudi-led, USA -backed coalition began what has turned into a devastating war that has killed more than 10,000 people, displaced 2 million, and created the world's worst humanitarian disaster.
Bolivia joined Russian Federation in voting against the measure while China and Kazakhstan abstained.
Iran "categorically rejects allegations regarding arms transfer to Yemen", said a statement from the mission that described the draft resolution as an attempt to "distract" the world's attention from the "catastrophic humanitarian situation" in Yemen.
However, Moscow has made it clear it will vote down any proposed sanctions on Iran despite evidence showing the country has supplied weapons to Houthi rebels to carry out attacks on the Yemeni government.
Kuwait's UN Ambassador Mansour Al-Otaiba, the current council president, told reporters Saturday that "We are still working on the text, but the intention is to adopt it Monday morning".
Russia's UN Ambassador Vassily Nebenzia said he opposed the draft, saying it should be about renewing the work of experts monitoring sanctions against Yemen rather than denouncing Iran.
What is happening in Yemen, the spokesman continued, is the result of the U.S. -UK arms exports to Saudi Arabia which unleashed a bloody war on Yemen in March 2015 to restore its former Riyadh-allied government.
"Russia doesn't like the outcome of certain expert panel reports", Jonathan Allen, UK deputy ambassador to the United Nations, told reporters before the vote was scheduled to take place. The US representative also accused Bolivia, Russia, and Kazakhstan of protecting Iran from being held accountable for its alleged actions promoting chaos in the Middle East.
The US immediately lashed out at Moscow for its veto, blaming Russian Federation for shielding a "terrorist-sponsoring" Iran.
Following the failed vote on the British draft, the council adopted a rival Russian draft that did not mention Iran and simply renewed the United Nations sanctions regime on Yemen for a year.
The British-drafted resolution would also have extended sanctions on Yemen, which expired Monday, and the mandate of the panel of experts. Millions of people are on the brink of starvation and more than 22 million - nearly the entire population - are in need, according to humanitarian agencies.
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