The IBSA Dialogue Forum
, South Africa
) is an international tripartite grouping for promoting international cooperation
among these countries. It represents three important poles for galvanizing South-South cooperation
and greater understanding between three important continents of the developing world namely, Africa
and South America
. The forum provides the three countries with a platform to engage in discussions for cooperation in the field of agriculture, trade, culture, and defence among others.
The IBSA Dialogue Forum plays an increasingly important role in the foreign policies of India
and South Africa
. It has become instrumental for promoting ever closer coordination on global issues between three large multicultural and multiracial democracies of Asia, South America and Africa, and contributed to enhancing trilateral India-Brazil-South Africa cooperation in sectoral areas.
After the failed Cancún
Conference of the World Trade Organisation
(WTO), developing countries felt the need to strengthen their cooperation in trade, investment and economic diplomacy. The leaders of three regional goliaths spearheaded a new approach for South-South cooperation at the 2003 UN General Assembly
Forum, resulting in a trilateral India-Brazil-South Africa agreement. The term, South-South cooperation
signifies the cooperation between India (South Asia), Brazil (South America) and South Africa. The Declaration at the trilateral meeting in Brasilia
,... Read More