UN Chief Backs Demand for Expanding Security Council, Pg7

Key Highlights:

• UN Secretary-General Antonio Guterres supported the expansion of the UN Security Council at the BRICS Summit.
• He emphasized that current global realities differ from 1945, necessitating institutional reforms.
• India has been a leading advocate for the expansion of the UN Security Council.
• The New Delhi Declaration from the BRICS Summit reiterated support for comprehensive UN reform, including its Security Council.
• The declaration called for increased representation of developing countries from Africa, Asia, and Latin America in the UN Security Council.

Detailed Insights:

• The UN Security Council currently has five permanent members with veto power, a structure unchanged since its inception in 1945.
• The call for reform aims to make the UN Security Council more democratic, representative, effective, and efficient.
• Prime Minister Narendra Modi advocated for the Global South to transition from "rule-takers" to "rule-shapers" in global decision-making.
• Guterres highlighted the world's shift towards multipolarity, which requires reforming global multilateral institutions like the UN Security Council and the Bretton Woods system.
• He also proposed that Multilateral Development Banks adopt new business models to mobilize private investment and expand concessional funding for developing nations.

Key Concepts Involved:

• UN Security Council: The primary UN organ responsible for maintaining international peace and security, with five permanent members holding veto power.
• Global South: A term referring to countries in Asia, Africa, and Latin America, often characterized by developing economies and shared historical experiences.
• Multipolarity: An international system where power is distributed among multiple major poles or centers of influence, rather than being concentrated in one or two.
• Bretton Woods System: A post-WWII international monetary management system establishing rules for commercial and financial relations, leading to the creation of the IMF and World Bank.