27/09/2022 - Economy

KEY POINTS

·        Indian External Affairs Minister visit to the United States has set the stage for an expansive range of bilateral and multilateral diplomacy by India.

·        India’s call for this structural overhaul of global multilateral institutions incorporates institutional accountability and a wider representation of the developing countries.

·        At least three recent global developments reflective of the UN’s functional evaluation have stood out in India’s quest for a reform of the UN.

·        It highlighted the UN’s institutional limitations when countries closed their borders, supply chains were interrupted and almost every country was in need of vaccines.

·        The international isolation of Russia and Iran as well as increasing the United States’ Taiwan-related steps could usher in these changes more rapidly than expected.

·        India’s call for reform of the UNSC has grown in the past few years. In this regard, hosting of a ministerial meeting of the G4 (Brazil, India, Germany and Japan) holds special significance.

·        The L.69 group’s vast membership spread over Asia, Africa, Latin America, Caribbean and Small Island Developing States could bring about a wider global consensus on the issue of the UNSC reforms.

·        With starker divisions between countries as result of the Russia-Ukraine war and lingering pandemic-induced restrictions, the need for the UN’s reform is likely to be felt more palpably than ever before.

plz review

Kindly evaluate

Pls review

Kindly review