Jaishankar at BRICS: UN reform overdue, multilateralism must be credible
Synopsis
Key Takeaways
External Affairs Minister S Jaishankar on Friday, 15 May called for credible and reformed multilateralism in a world that is 'more interconnected, complex and multipolar', chairing a key session of the BRICS Foreign Ministers' Meeting in New Delhi. His remarks came as India exercises its BRICS Chairship for the year, with the two-day ministerial meeting marking the first major engagement at this level under Indian leadership.
Key Positions Staked at the Session
Speaking at the session on 'Reforms of Global Governance and Multilateral System', Jaishankar argued that the United Nations' effectiveness and credibility will remain constrained without expansion of both permanent and non-permanent membership categories — a long-standing Indian demand that has gained renewed urgency with shifting global power dynamics.
He also highlighted the need to reform the international financial architecture, urging that Multilateral Development Banks (MDBs) be made more responsive, robust, and better equipped. Expanding access to development and climate finance, he stressed, is no longer optional for the Global South.
On Trade and Supply Chain Risks
Jaishankar underscored the importance of a rules-based, fair, open, and inclusive international trading system with the World Trade Organisation (WTO) at its core. He flagged the growing challenges posed by non-market practices, concentration of supply chains, and uncertain market access — concerns that resonate deeply across BRICS economies navigating post-pandemic realignments and geopolitical fragmentation.
'The message from our times is clear — Cooperation is essential. Dialogue is necessary. Reform is overdue,' Jaishankar stated, in what amounted to a pointed summary of India's multilateral posture.
PM Modi Frames India's BRICS Vision
A day earlier, on Thursday, Prime Minister Narendra Modi met Foreign Ministers and Heads of Delegation of BRICS member nations in the capital. Modi said that under India's Chairmanship, BRICS will work to strengthen multilateralism, promote sustainable development, enhance economic resilience, and build a more inclusive world order.
'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,' Modi said in a post on X.
What Comes Next
The ministerial meeting, which concluded on Friday, is expected to shape the agenda for the BRICS Leaders' Summit scheduled later this year. The outcomes of this session — particularly on UN reform, MDB restructuring, and trade architecture — are likely to feed directly into the Summit's core agenda. With BRICS now expanded and representing a larger share of global GDP, India's push for institutional reform carries greater collective weight than at any previous chairship.