BRICS leaders call for UN Security Council and global economic reforms

BRICS Summit UN Security Council reform multipolar world order Global South economic governance reform

At the 18th BRICS Summit in New Delhi, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi called for significant reforms to global governance institutions. Putin advocated for the expansion of the United Nations Security Council to increase representation for countries in Asia, Africa, and Latin America, arguing that the current unipolar system is being replaced by a multipolar order.

Putin also emphasized the need to restructure international economic organizations, including the International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO), to better reflect modern economic realities. He noted that BRICS nations have contributed more than 40% of global GDP over the last five years.

Prime Minister Modi echoed these calls for reform, stating that the UN Security Council reform can no longer be postponed. He stressed that the Global South must move from being on the front lines of crises to having an equal role in decision-making. Modi highlighted that BRICS now represents 50% of the world's population and 40% of global GDP, necessitating a shift in how global rules are determined.

Entities

BRICS · International Monetary Fund · Narendra Modi · New Delhi · United Nations · United Nations Security Council · Vladimir Putin · World Bank

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] Vladimir Putin called for the expansion of the UN Security Council to increase representation for Asia, Africa, and Latin America. sondakikakibris.com · www.antaranews.com · www.adngad.net · www.haberturk.com
[○ 1 SOURCE] Putin stated that BRICS nations contributed more than 40% of global GDP over the last five years. www.elbalad.news
[○ 1 SOURCE] Russia is currently facing more than 30,000 sanctions. www.elbalad.news
[○ 1 SOURCE] Indian Prime Minister Narendra Modi noted that BRICS represents 50% of the world population and 40% of global GDP. www.elbalad.news
[● 3 SOURCES] Putin advocated for the restructuring of the IMF, World Bank, and WTO to reflect current global economic realities. www.antaranews.com · www.haberturk.com · www.adngad.net