Summary:

India has demanded that the UN Security Council and the global financial architecture be changed to better represent the goals of the Global South. MEA Secretary (West) Mr. Sibi George emphasized the need for a just, inclusive, and development-focused financial system while highlighting structural issues in development funding at the 2026 ECOSOC Forum on funding for Development. In order to fulfill international commitments like the Sevilla agenda, he called for reforms in international financial institutions, a stronger voice for developing countries, and the utilization of digital public infrastructure. He also pointed out the USD 4 trillion SDG financing gap. During IGN meetings, India also reaffirmed its call for UNSC reforms, emphasizing the underrepresentation of poor nations. With over 275,000 people deployed since 1948, Russia further reiterated its commitment to UN peacekeeping.

Source: IBEF

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