October 1, 2021
1 min read

IBSA countries hold inaugural development cooperation meet

Discussions were held on furthering South-South Cooperation with outlining of next steps …reports Asian Lite News

The inaugural meeting of development cooperation agencies of India-Brazil-South Africa (IBSA) partner countries was held on Wednesday under the ongoing chairship of India.

Discussions were held on furthering South-South Cooperation with outlining of next steps, MEA Spokesperson Arindam Bagchi said on Twitter.

IBSA is a unique Forum which brings together India, Brazil and South Africa, three large democracies and major economies from three different continents, facing similar challenges.

The grouping was formalized and named the IBSA Dialogue Forum when the Foreign Ministers of the three countries met in Brasilia on June 6, 2003 and issued the Brasilia Declaration.

Five IBSA Leadership Summits have been held so far. The 5th IBSA Summit was held in 2011 in Pretoria.

IBSA’s success demonstrates, most vividly, the desirability and feasibility of South-South cooperation beyond the conventional areas of exchange of experts and training.

India as the current IBSA Chair has planned to convene the 6th IBSA summit under the theme ‘Democracy for Demography and Development’ in 2021.

Last month, the Minister of State for External Affairs, Dr. Rajkumar Ranjan Singh inaugurated the 7th IBSA Academic Forum which was held virtually on August 11-12.

The two-day event was hosted by the Research and Information System for Developing Countries (RIS), an autonomous think-tank of the Ministry of External Affairs, Government of India.

It featured a conversation with IBSA Sherpas on economic partnerships that will, among other things, help economic integration and cooperation in creating resilient value chains post-Pandemic, accelerate the digital and green transition processes. (India News Network)

ALSO READ: Indian innovator wins Commonwealth award

Previous Story

Ireland Pavilion: Putting Creativity at the Centre of Human Experience

Next Story

US Pavilion to share ‘spirit of freedom’

Latest from -Top News

Trump Warns Musk: ‘Close Shop or Go Home’

Trump’s warning on his Truth Social platform late on Tuesday (US time) came amid the feud between him and Musk over the ‘One Big Beautiful Bill’….reports Asian Lite News Former US President

India-US Trade Deal Likely This Week

The interim trade deal would be an initial step towards a comprehensive bilateral free trade agreement between Indian and the US….reports Asian Lite News India is expected to finalise an interim trade

One Year Later, Hasina’s Son Raises Red Flag

Hasina’s abrupt exit last August after violent student protests was widely seen as a blow to democracy in the Muslim-majority nation of 170 million….reports Asian Lite News Sajeeb Wazed, son of former

Global South Finds Its Campus in India

The question is no longer if India can attract global talent, but whether it can build the conditions to do so at scale—with care and vision. Done right, India could emerge as

Jaishankar Gets Real on India-US Ties

The EAM underlined the structural drivers of the bilateral relationship, saying, “The trend line over the last 25 years has actually been very strong….reports Asian Lite News External Affairs Minister S. Jaishankar
Go toTop

Don't Miss

India abstains from UN vote to end Israel’s occupation

 The UN General Assembly (UNGA) has passed the non-binding resolution

Japanese PM due in India

Kishida is coming to India for two days on the