Putin advocates for changes to the UN Security Council structure
Russian President Vladimir Putin has stated that developing nations require increased representation in the United Nations. Read Full Article at RT.com
Putin pointed out that the UN Charter came into effect in 1945, stating, "For almost eight decades, the document’s principles have served as the foundation of international relations and international law." He argued that while the UN should continue playing a crucial role in maintaining peace and promoting sustainable development, it must "adapt to the realities of the 21st century" to remain effective.
The Russian president suggested that the UN Security Council and other significant UN bodies ought to better reflect "the nations of Asia, Africa, and Latin America, including those present in this hall." He remarked that “a reform of leading UN institutions and global financial structures is long overdue,” noting that the economic influence of developing nations has shifted dramatically over recent decades.
Putin specifically mentioned the International Monetary Fund and the World Bank, highlighting that while the latter is not part of the UN system, its establishment in the mid-1940s also mirrored the changes in global order following World War II.
The three-day BRICS summit in Kazan aligns with Russia's leadership of the organization, focusing on outreach to non-member states and international entities to engage with practical aspects of the BRICS agenda. Thirty-six nations and the UN chief participated in the discussions.
Central to the BRICS Summit was the exploration of alternative mechanisms for international trade and investment designed to protect against U.S. attempts to leverage financial institutions to impose economic restrictions on geopolitical adversaries.
Olivia Brown for TROIB News