Prime Minister Narendra Modi Tuesday sought to rally the BRICS grouping (Brazil, Russia, India, China and South Africa) to push for reform of the United Nations Security Council and the International Monetary Fund.
Modi said the bloc was meeting at a time when the world was facing a high level of turmoil and uncertainty amidst persisting global economic weakness. “Institutions like the UN Security Council and IMF need urgent reform. They must become more representative and reflect ground realities,” he said addressing the Sixth BRICS Summit on “political coordination: international governance and regional crises”.
Presenting a grim global scenario on both the economic and security front, he said Afghanistan was facing an uncertain future, African countries faced challenges of security and development, West Asia posed a grave threat to regional and global peace, Syria continued to cause serious concern, and pointed out the recent outbreak of violence between Israel and Palestine.
- Ae Dil Hai Mushkil Audience Reaction: Ranbir, Aishwarya, Anushka Starrer Gets A Thumbs Up
- Bigg Boss 10, October 27 Review: Navin, Lokesh Fights During The Immunity Task
- Shivaay Audience Reaction: Ajay Devgn Impresses Viewers
- Pakistan High Commission Staffer Caught With Defence Documents: What It Means For India & Pakistan
- The Royal Opera House Reopens After Decades Of Neglect: Here’s A Quick Tour
- Tata Sons Rubbishes Cyrus Mistry’s Allegations: Here’s What Happened
- Pakistan High Commissioner denies allegations leveled on his staffer for espionage activities
- Odisha: Villagers Refuse To Cremate Dalit Woman’s Body
- Here’s What Farhan Akhtar Said On Karan Johar-MNS ‘Deal’ Over Ae Dil Hai Mushkil’s Release
- Government’s Diwali Gift to Central Government Employees, Pensioners
- Bigg Boss 10 26th October Review: This Episode Is All About Fights
- New Zealand Beat India By 19 Runs In Ranchi; Series Levelled At 2-2
- DND Toll-Free: Noida Toll Company Moves Supreme Court Against Allahabad High Court
- British PM Theresa May Says Kashmir Is A Matter For India, Pakistan To Sort Out
- J&K: Students Suffer As Schools Along LOC Forced To Shut Amid Firing
These conflicts were causing grave instability that was fast seeping borders, Modi noted. “This impacts us all. Remaining mute spectators to countries being torn up in this manner can have grave consequences,” he warned.
“Terrorism is a threat that has assumed war-like proportions…,” Modi said, adding that BRICS must translate its political resolve into a concrete and coordinated plan of action.
Stating that the theme of the Sixth BRICS Summit of inclusive growth was also his government’s agenda, Modi said the agreement towards setting up the BRICS New Development Bank was a significant step.
“The agreement on the BRICS Contingent Reserve Arrangement is another major achievement,” he said. These initiatives will open new avenues for supporting development in our countries as well as helping other developing nations, he added.