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Annex XVII
Proposal on the issue of the veto, submitted by Chile, dated 26 June 1998
Time limits should be established on the right to the veto, which, by its nature, should not be perpetual. In the year 2030, approximately 85 years will have passed since the occurrence of the events that justified its creation. The permanent members of the Security Council should recognize the concept that their right to the veto cannot be eternal and should commit themselves to discussing its abolition in that year or another close to it to be determined by mutual agreement, or should indicate the conditions required for them to accept the abolition of the veto at a given time.