Posted: 15.05.2024 10:34:00

Guterres: UN Security Council paralysed by geopolitical divides

The UN Security Council is paralysed by geopolitical divides, and the international financial system does not work and is biased – as noted by UN Secretary General Antonio Guterres, TASS reports

photo: www.reuters.com

“These crises demand international solutions. But the international system is not up to the task. The UN Security Council is paralysed by geopolitical divides, incapable of acting together on clear violations of international law. The international financial system is outdated, dysfunctional and unjust. Debt relief mechanisms are totally inadequate, leaving countries marooned in a sea of exorbitant interest payments and debt service costs,” the UN Chief underlined at the 69th UN Conference on Civil Society, held in Kenya for the first time.

Mr. Guterres added that ‘many international institutions mirror the world in which they were founded almost eighty years ago’.

“Developing countries are underrepresented and under-served. And civil society is often marginalised. We need to reform and revitalise multilateralism so that it reflects the realities of today, and is fit to face the challenges ahead,” the UN Secretary General added.