So, for the first time ever, some of the glaring inequities in the voting structure have been corrected and we hope that this process will carry on. The current system is built on the convention that the CEO’s of the  BIS central bankers’ speeches  9  IMF and World Bank are respectively European or American.
The WTO has also been headed by a European since its creation. To look at the governance of this unholy trinity, you would not know that the centre of gravity of the world has changed to China and India. There is a need now to recognise the new reality of the world.