IBSA is a trilateral, developmental initiative between India, Brazil and South Africa to promote South-South cooperation and exchange.

In the aftermath of discussions between the Heads of State and/or Government of the IBSA countries at the G-8 meeting that took place in Evian in 2003, and following ongoing trilateral consultations, the Foreign Ministers of the respective countries met in Brasilia on June 6, 2003. At this meeting between Ministers Nkosazana Dlamini Zuma from South Africa, Celso Amorim from Brazil and Yashwant Sinha from India, the launching of the IBSA Dialogue Forum was formalized through the adoption of the "Brasilia Declaration" .

The main objectives of the IBSA Dialogue Forum could be summarized as follows:

  • To promote South-South dialogue, cooperation and common positions on issues of international importance
  • To promote trade and investment opportunities between the three regions of which they are part
  • To promote international poverty alleviation and social development
  • To promote the trilateral exchange of information, international best practices, technologies and skills, as well as to compliment each others competitive strengths into collective synergies
  • To promote cooperation in a broad range of areas, namely agriculture, climate change, culture, defence, education, energy, health, information society, science and technology, social development, trade and investment, tourism and transport.

The IBSA Dialogue Forum has regular consultations at Senior Official (Focal Point), Ministerial (Trilateral Joint Commission) and Heads of State and/or Government (Summit) levels, but also facilitates interaction amongst academics, business and other members of civil society.

 

Announcements
- The following agreements have been signed:
- MOU on Agriculture and Allied Fields
- MOU on Bio- fuels
- Agreement on Merchant Shipping and Other Maritime Transport Matters
- Action Plan on Trade Facilitation for Standards, Technical Regulations and Conformity Assessment
- MOU Framework for Cooperation on the Information Society