United Nations Secretary-General Antonio Guterres on Thursday stressed on reforms in global governance, so that it represents today’s power and economic relations, and not that of 1945 when the institutions were initially formed.
Addressing a press conference at the 15th BRICS summit in Johannesburg, South Africa, Guterres emphasised that the two areas that require reforms particularly are the Security Council and the Bretton Woods system.
“The world has changed and so global governance must change with it. It must represent today’s power and economic relations and not the power and economic relations of 1945. That is why I have been advocating deep reforms to make global frameworks truly universal and representative of today’s realities,” Guterres said.
He further stressed having more inclusive institutions and making sure that they reassume true universal character. (ANI)
