IBSA is a trilateral developmental initiative amongst the governments of India, Brazil and South Africa to promote, inter-alia, South-South
cooperation and exchange.
Pursuant to the discussions among the Heads of State/Government of the IBSA countries at the G-8 meeting in Evian, France in 2003, and
following the ongoing trilateral consultations, the Foreign Ministers of the three countries met in Brasilia on 6 June 2003. The historic
meeting witnessed the launch of the IBSA Dialogue Forum (with IBSA as acronym), that was formalized through the adoption of the landmark "Brasilia Declaration”.
The main objectives of the IBSA Dialogue Forum include the following:
To promote the trilateral exchange of information, international best practices, technologies and skills, as well as to complement 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.
To promote South-South dialogue, cooperation and common positions on issues of international importance
To promote trade and investment opportunities among the three regions of which they are a part.
To promote international poverty alleviation and social development programmes.
IBSA holds regular consultations at the level of Heads of State/Government (Summit), the Ministers (Trilateral Joint Commission) and the
Senior Officials (Focal Point). It also facilitates constructive interaction amongst the academics, businessmen and other members of civil
society besides several tracks of cooperation and consultation amongst the government officials of the three countries.