African United Nations (UN) members on Monday demanded two permanent seats on the Security Council and the abolition of the veto, with UN Secretary-General Antonio Guterres backing the call as the council met to discuss enhancing Africa's effective representation and other reforms.
The council, currently chaired by Sierra Leone, held a special high-level meeting to address the need to rectify its current structure and tackle Africa's historical marginalization.
During the meeting, Sierra Leone's President Julius Maada Bio urged the Security Council to ensure that Africa's voice is heard, emphasizing that the continent can no longer wait for these reforms.
"Africa demands two permanent seats in the UN Security Council and two additional non-permanent seats, bringing the total number of non-permanent seats to five. The African Union will choose the African permanent members. Africa wants the veto abolished. However, if UN member states wish to retain the veto, it must be extended to all new permanent members as a matter of justice," said Bio in the meeting.
Guterres, the UN chief, noted that the Security Council has been a bedrock of global peace and security since 1945, but the cracks in its foundation are increasingly widening. He voiced his support for the call to enhance Africa's effective representation in the Security Council to ensure its credibility and legitimacy.
"We cannot accept that the world's preeminent peace and security body lacks a permanent voice for a continent of over a billion people -- a young and rapidly growing population -- making up 28 percent of the membership of the United Nations. Nor can we accept that Africa's views are undervalued on questions of peace and security, both on the continent and around the world," said Guterres.
African nations demand two permanent seats on Security Council, calling for abolition of veto
Beijing's consumer gold market has been running hot during the Mid-Autumn Festival holiday, despite recent rises in the gold price on international markets.
Last week, the main contract for gold futures on the New York Mercantile Exchange (COMEX) has risen to over 2,600 U.S. dollars per ounce.
At a gold shop in Beijing's Xicheng District, the price of pure gold jewelry went up to about 737 yuan (about 104 U.S. dollars) per gram, but many shoppers are still looking to buy gold jewelry especially during the Mid-Autumn Festival holiday and the end-of-summer wedding season.
"It is now more than 700 yuan (about 98.7 U.S. dollars) per gram, but when we were here about two months ago, it was only just above 600 yuan (about 84.6 U.S. dollars) per gram," said a customer.
"I'm getting married, so I came to have a look. Even if the price goes up, we still have to buy it," said another customer.
"I had nothing to do during the holidays, so I came here to take a look [at the gold jewelry]. I just bought a lucky charm bead and now I want to take a look at the bracelet," said another customer.
At the shop's gold investment counter, many consumers have been making inquiries about gold bars, which has long been considered a safe investment, although experts recommend caution in the rising gold market.
At the shop's gold investment counter, many consumers have been inquiring about gold bars, which have long been considered a safe investment. However, experts recommend caution in the rising gold market.
"Many investors will buy gold bars for medium- to long-term investment based on their expected price as part of their overall family asset allocation. We suggest that investors be more rational in their decisions," said Li Yang, a senior gold investment analyst.
Beijing consumer gold market remains hot despite rising prices