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  • 7/7/2025
Rio de Janeiro (Brazil), July 07, 2025(ANI):  Secretary (Economic Relations) Dammu Ravi said, "Prime Minister reiterated that the global organisations of the 20th century lacked the capacity to deal with the challenges of the 21st century and therefore he underscored the importance of reforming the multilateral organisations. He called for a multipolar, an inclusive world order and stated that the global governance institutions, particularly the UN Security Council, the IMF, the World Bank and the WTO must undergo urgent reform to reflect the contemporary realities and times."

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00:01Honorable Prime Minister addressed the session on global governance and peace and security,
00:07where he reaffirmed India's commitment to enhancing the voice of the global south.
00:14He noted that developing countries required greater support for sustainable development
00:20in terms of access to climate finance and technology.
00:24He reiterated that the global organizations of the 20th century
00:34lacked the capacity to deal with the challenges of the 21st century.
00:41And therefore, he underscored the importance of reforming the multilateral organizations.
00:48He called for a multipolar and inclusive world order.
00:54And stated that the global governance institutions, particularly the UN Security Council,
01:01the IMF, the World Bank and the WTO, must undergo urgent reform to reflect the contemporary realities and times.
01:12On the session on peace and security,
01:19Honorable Prime Minister underlined that terrorism was a grave threat facing humanity.

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