"Those Driving Global Growth Must Have Say In Global Governance": PM At BRICS
"Those Driving Global Growth Must Have Say In Global Governance": PM At BRICS
M.U.H
12/09/202617
New Delhi: The Global South must also become a global decision-maker, Prime Minister Narendra Modi has told a gathering of world leaders during the BRICS summit in New Delhi, underlining the need for every member state to have a voice.
In his opening statement, PM Modi also proposed to formulate a reform roadmap before the regional bloc's next summit.
"The Global South sits in the front row of global organisations but remains in the back row of decision-making. We must transform this 'pyramid of privilege' into a 'platform of partnership', where every nation has a voice, every member has a stake, and the progress of humanity lies at the core of every endeavour," the prime minister said.
He said that 10 proposals be drafted for global governance reform in an effort to develop a 'BRICS Reform Roadmap.' This must focus on the three core pillars of representation, responsiveness, and rule-making, he said.
"Regarding representation, I wish to state that reforms in the UN Security Council can no longer be delayed. On this matter, text-based negotiations must be linked to a definitive timeline and clear, tangible outcomes," added the prime minister.
Similarly, in international financial institutions, he said that voting power, leadership positions, and policy priorities must align with the concurrent economic realities.
India's BRICS chairmanship is based on a people-centric and humanity-first approach, the PM told the world leaders, adding that resilience, innovation, cooperation, and sustainability remain the bloc's priorities.
BRICS has established a distinct identity at the world stage over the last 20 years, the prime minister noted, underlining that it marks the beginning of a new phase of maturity and responsibility.
The member nations, he said, will move ahead with consensus and not against anyone.
"We respect each other's perspectives and move forward through consensus. We are not against anyone; rather, we strive to move forward with the approach of taking everyone along. The time has now come to translate our unity and consensus within BRICS into tangible outcomes on the global stage," the prime minister added.
Over the next 20 years, the bloc must work toward a new and ambitious agenda, PM Modi said.
