He said the "outdated 1945 model" of the United Nations and the UN Security Council required an "urgent upgrade" and an "urgent reform" to substantially restructure the world order.
Khurshid was delivering a lecture at the third Convention of International Studies Scholars at Jawaharlal Nehru University here.
"...The perspectives the South can achieve fruition only when the world order is substantially restructured to reflect those power shifts and this is where really the outdated 1945 model of the United Nations and the UN Security Council calls for an urgent upgrade and an urgent reform," he said.
Talking about India, he said the country was not willing to play the role of a global power in the manner in which "others" have conceived that role for themselves, but to play it in a different manner of close interaction, capacity building and helping institutions to grow.
He said reform in the United Nations would enable all nation states to effectively grapple with a host of key challenges like security and ensuring development