Modi calls for global governance reforms at Brics leaders meeting | Today’s news
Read also | Bigger Brics, tougher economy, but tougher consensus
Reforms of the United Nations (UN) Security Council cannot be delayed any longer, he said, stressing the need for fair representation in key global forums. This negotiation must be tied to a strict deadline and specific results, he added.
Currently, the UN Security Council has only five permanent members – the US, Russia, China, the UK and France – and India has been seeking its inclusion for a long time, given its pivotal and growing global role and stature.
On responsiveness, he said faith in global institutions will only grow when they are able to solve global problems. “We need to focus on the speed, scale and impact of our collective response to the last mile,” he said.
Quick answers to key questions
•5 QUESTIONS
Modi proposed ten specific reforms aimed at representation, responsiveness and rule-making in global governance, arguing for a greater role for the Global South in shaping decisions.
He emphasized that reforms could not be delayed any longer because the current structure favors a small number of nations and urged that negotiations be bound by strict deadlines and clear outcomes to ensure fair representation.
It aims to transform the Global South from rule-taker to rule-maker by providing young diplomats with negotiation skills and legal expertise, enabling them to play a more prominent role in international rule-making.
The aim of the network is to assist seafarers during emergencies by connecting them with maritime authorities and diplomatic missions to facilitate emergency warnings and provide necessary support.
Modi suggests that it should expand beyond economic cooperation to include global governance reforms, technology integration and humanitarian efforts, creating a comprehensive approach to future challenges.
“We have to work on transformation Global South from rule takers to rule maker. Through Brics, we can provide young diplomats and politicians from the Global South with negotiation skills, practical training and legal expertise,” he said.
“We must transform this pyramid of privilege into a platform of partnership where every country has a voice and a stake, and where humanity is at the heart of every effort.”
Modi sought an ambitious agenda for the 20-year-old Brics for the next 20 years. While the grouping’s presidency rotates among its members every year, institutional dynamics and implementation of initiatives must continue without interruption, he said.
For this purpose Brics can have a secure digital repository of decisions where each one should have a tied nodal point, deadline and implementation status.
“The message of the Brics summit hosted by India should be loud and clear: If our future is shared, then the right to shape that future must be shared,” he said. “From voice to impact, from privilege to partnership – that should be the decision of Brics at 20.”
Modi also proposed the creation of an emergency support network for seafarers, noting that seafarers contribute significantly to world trade but often find themselves without adequate support in difficult times.
The network could connect the maritime authorities and missions of the respective countries and facilitate emergency alerts, medical assistance, communication with families and evacuation support, he said.
Modi also said that artificial intelligence, cyberspace, space, biotechnology and critical technologies are shaping not only the opportunities of the future but also the rules that will govern them.
New Delhi: Prime Minister Narendra Modi on Saturday called for a greater role for BRICS in reforming an international governance structure currently dominated by a “privileged few” as he sought to use New Delhi’s chairmanship of the grouping to push for a new order in which the global South has a vital role in deciding its fate.
Addressing heads of state and other senior officials, including Russian President Vladimir Putin and Chinese President Xi Jinping, at the opening session of the two-day Brics Leadership Summit in New Delhi, Modi proposed that the group work together to formulate ten proposals for global governance reforms focusing on three key aspects: representation, responsiveness and rulemaking.
These proposals could be developed into a reform plan at the next Brics summit in 2027, he said.
Voting rights, leadership positions and policy priorities in global financial institutions must reflect today’s reality, he said. Countries that act as current engines of global growth must also be given a proportionate role in shaping the direction of world economic policy, the Prime Minister added.
The current structure of global governance resembles a pyramid where a few dictate the rules at the top for others to follow, he said. He emphasized that the Global South is now in the “front row of the global crisis” but in the “back row of decision-making”.
While 11 members Together, the Brics account for about 40% of global gross domestic product, their voting rights in the International Monetary Fund (IMF) are less than a fifth of the total. India remains one of the world’s fastest-growing major economies from 2021-22, contributing significantly to global growth amid widespread turbulence.
Read also | How could India’s Brics chairmanship turn it into a global powerhouse?