New Delhi: In the wake of the successful conclusion of India's G20 presidency, in which world leaders praised India for its efforts to ensure a number of concrete accomplishments, Prime Minister Narendra Modi reaffirmed his call for expansion of the UN Security Council and reforms in global institutions to reflect the world's "new realities" on Sunday.
The ceremonial passing of the G20 gavel from Prime Minister Modi to Brazilian President Luiz Inácio Lula da Silva was marked by President Lula's praise of India for championing the interests of developing countries. To restore political strength and increase participation for emerging countries at the World Bank and the International Monetary Fund (IMF), Lula said that the United Nations Security Council needs new developing countries as permanent and non-permanent members.