IBSA

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Context: India hosted the 10th Ministerial Commission of Foreign Ministers of the India-Brazil-South Africa Trilateral Cooperative Forum (IBSA), on the sidelines of the 77th United Nations General Assembly.

Details:

• External Affairs Minister, S Jaishankar, on a 10-day official visit to the United States, met with his Brazilian counterpart Carlos Franca and South African Health Minister Dr Joe Phaahla.
• The trio reaffirmed the cooperation between them.
• The idea of South-South Cooperation (SSC) is not new.
• Its genesis can be traced back to the decades of efforts by countries and groupings working together to ensure South-South solidarity such as the Bandung conference 1955, the Non-Aligned Movement 1961, the G77 grouping, UNCTAD, the Buenos Aires Plan of Action 1978, and the 2009 Nairobi declaration
• India, Brazil and South Africa have reaffirmed the urgent need for a comprehensive reform of the UN Security Council (UNSC) to help combat contemporary challenges to international peace and security.

About IBSA:

• IBSA is a trilateral, developmental initiativebetween the Government of India, The Government of Federative Republic of Brazil and The Government of the Republic of South Africa to promote South-South cooperation and exchange.
• The aimof the IBSA Tripartite Agreement is for strengthening relations between the member countries for economic development and for promoting cooperation in the field of tourism and expansion of tourism relations with a view to understand and appreciate each other's history, culture and way of life.
• Cooperation in IBSA is on three fronts:

1. As a forum for consultation and coordination on global and regional political issues, such as, the reform of the global institutions of political and economic governance, WTO/Doha Development Agenda, climate change, terrorism etc.;
2. Trilateral collaboration on concrete areas/projects, through fourteen working groups and six People-to-People Forums, for the common benefit of three countries; and
3. Assisting other developing countries by taking up projects in the latter through IBSA Fund. IBSA’s success demonstrates, most vividly, the desirability and feasibility of South-South cooperation beyond the conventional areas of exchange of experts and training.

https://www.business-standard.com/article/current-affairs/india-hosts-10th-ibsa-meet-on-sidelines-of-unga-for-multilateral-issues-122092200099_1.html