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Jaishankar Calls for Reform at BRICS: Cooperation Essential

External Affairs Minister S Jaishankar called for credible multilateralism and UN reforms at the BRICS Foreign Ministers' Meeting. He emphasized the need for international financial architecture changes and a fair WTO-based trading system. Jaishankar stated that cooperation, dialogue, and reform are overdue. PM Narendra Modi added that under India's chairship, BRICS will strengthen multilateralism and support the Global South.

Key Points: Jaishankar: Cooperation Essential, Reform Overdue at BRICS

  • UN reform essential for credibility
  • Urgent financial architecture changes needed
  • Fair WTO-based trade system required
  • India chairs first major BRICS ministerial meet
2 min read

Cooperation essential, dialogue necessary, reform overdue: EAM Jaishankar at BRICS meeting

EAM Jaishankar stresses need for UN reforms and fair trade at BRICS meeting. PM Modi supports multilateralism and inclusive world order.

"Cooperation is essential. Dialogue is necessary. Reform is overdue. - S Jaishankar"

New Delhi, May 15

External Affairs Minister S Jaishankar on Friday underlined the need for credible and reformed multilateralism in world which is "more interconnected, complex and multipolar".

While chairing the BRICS Foreign Ministers' Meeting session on 'Reforms of Global Governance and Multilateral System', EAM Jaishankar stressed that the United Nations' effectiveness and credibility will remain constrained without expansion of permanent and non-permanent categories.

He highlighted the urgency of international financial architecture reforms, enabling Multilateral Development Banks (MDBs) to become more responsive, robust and equipped as well as increasing accessibility of development and climate finance.

EAM Jaishankar stressed the importance of a rules-based, fair, open and inclusive international trading system with World Trade Organisation (WTO) at its core, responding to challenges of non-market practices, concentration of supply chains and uncertain market access.

"The message from our times is clear - Cooperation is essential. Dialogue is necessary. Reform is overdue," EAM Jaishankar stated.

The two-day meeting which concludes on Friday marks the first major ministerial-level engagement under India's BRICS chairship and is expected to play a significant role in shaping the agenda for the BRICS Leaders' Summit scheduled to be held later this year.

On Thursday, Prime Minister Narendra Modi said that, under India's Chairmanship, BRICS will work together to strengthen multilateralism, promote sustainable development, enhance economic resilience and build a more inclusive world order.

PM Modi made the comment as Foreign Ministers and Heads of Delegation of BRICS countries called on him in the capital.

"Glad to interact with Foreign Ministers and Heads of Delegation of BRICS countries. BRICS has emerged as an important platform for advancing cooperation among emerging economies and giving voice to the aspirations of the Global South," PM Modi posted on X.

"Under India's Chairmanship this year, we will work together to strengthen multilateralism, promote sustainable development, enhance economic resilience and build a more inclusive world order," he added.

- IANS

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Reader Comments

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Rohit P
"Cooperation is essential. Dialogue is necessary. Reform is overdue." - Love this line! But let's be honest, will the West actually listen? They've been blocking UNSC expansion for decades. Still, good to see India taking the lead in BRICS and giving voice to the Global South. Let's hope actions follow words.
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Michael C
As an American, I find this interesting. The call for MDB reform and fair trade is valid, but is BRICS becoming a counterweight to the West? India's role here is crucial—they're balancing relations with both China and Western powers. The WTO part about supply chains is especially relevant post-COVID.
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Vikram M
This is a mixed bag. On one hand, I support the push for multilateral reform—India deserves a permanent UNSC seat. On the other hand, BRICS includes China, and their aggressive stance on border issues makes me skeptical. Let's not forget the Galwan incident. Dialogue with Beijing seems naive without firm action.
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Ananya R
Kudos to EAM for articulating what many of us feel. The global governance system is outdated—it was designed in 1945! India's BRICS chairship is a golden opportunity to push for climate finance accessibility and fair trade rules. Hope PM Modi's vision of "inclusive world order" translates into real change. 🇮🇳
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Sarah B
From a UK perspective, the call for WTO reform is understandable. But the challenge will be getting all 164 members to agree. India's push for MDB reform is particularly interesting—if the World Bank and

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