Dr. Jaishankar stated that the United Nations Security Council is currently unable to fully discharge its core mandate of maintaining international peace and stability. He warned that this institutional limitation is undermining both the effectiveness and credibility of the global body. Stressing the urgency of corrective measures, he called for meaningful reforms to ensure that the Global South receives its legitimate and rightful voice in international governance.
The External Affairs Minister underlined that reform must include the expansion of both permanent and elected membership within the Security Council. He emphasized that only a more representative, credible, and effective structure can restore global confidence in the United Nations system.
The G20 Foreign Ministers convened in New York as part of broader discussions aligned with the United Nations General Assembly high-level week. During his address, Dr. Jaishankar expanded the scope of reform discussions beyond political institutions, highlighting the need to strengthen the global financial architecture to make it more robust, inclusive, and effective.
He noted that during India’s G20 presidency, an independent panel of international economic experts was established to recommend reforms to Multilateral Development Banks. He added that these recommendations were subsequently adopted by the G20, marking a significant step toward restructuring global financial governance.
Dr. Jaishankar further stressed the necessity of reforming the multilateral trading system. He reaffirmed India’s firm commitment to a rules-based, non-discriminatory, fair, open, inclusive, equitable, and transparent global trading order, with the World Trade Organization at its core.
He concluded by reinforcing that comprehensive reforms across international institutions are essential to ensure their continued relevance, effectiveness, and legitimacy in a rapidly changing global order.
About The Author
Comment List