Mouallimi said Wednesday that most of the UN member states agreed that there were major flaws in the functioning of the council.
"This is clear in the deadlock faced by the Council on many issues including the Palestinian and the Syrian crises," the ambassador said as quoted by the Saudi Gazette.
Riyadh is ready to cooperate with the other member states to address procedures for Security Council reforms, such as a voluntary change to veto powers, increased transparency and a collective pledge to not stand in the way of identifying those responsible for war crimes and genocide.
The Security Council was formed in 1946, and tasked with maintaining world peace and security. It has the authority to impose sanctions and authorize force on nation states.
The need for reform within the United Nations organization and the UN Security Council has been discussed since the early 1990s. Current UN Secretary-General Ban Ki-moon has repeatedly pointed out changes that need to be made in the organization.
Many countries have called for the reform of the UN Security Council, including Brazil, Germany, India, Japan, Ireland, Russia.