Salient features of MOUs/Agreements signed during the 2nd IBSA Summit - October 17, 2007


Seven MoUs/Agreement were signed in the presence of Hon'ble Prime Minister of India and the Presidents of Brazil and South Africa during the 2nd IBSA Summit at Tshwane, South Africa on 17 October 2007. The salient features of these MoUs/Agreement are :

  • Agreement on Customs and Tax administration Cooperation The purpose of this Agreement is to strengthen trilateral cooperation with the objectives of : Facilitation of legitimate trade and investment; Combating commercial fraud, smuggling, drug trafficking, money laundering and other illicit international trade activities; Curbing abusive tax avoidance transactions, arrangements, shelters and schemes; and Strengthening the modernization programs of the administrations through capacity building and co-operation.
  • MoU on Public Administration and Governance This MoU provides for cooperation in specialised areas such as e-governance, human resources development, anti-corruption and ethics, and accountability and transparency.
  • MoU on Cooperation in the field of Health and Medicine This MoU provides for development of a common strategy to tackle HIV/AIDS epidemic. The areas of cooperation include Tuberculosis (TB), Malaria, Pharmaceutical assistance, Procurement of medicines, vaccines, medical research and development, Traditional Medicine, Intellectual property rights and Disease surveillance.
  • MoU on Cooperation in the field of Education The objectives of this MoU are creation of conditions for cooperation among academic institutions, faculties, researchers and students and by means of joint research projects; alignment of the higher education systems in the way that they relate to each other, to social and economic development, and to local communities; the strengthening of training and high-level professional development programmes; and enhancing the exchange of scientific information and specialized documentation among the three countries. The focus areas identified are Engineering, Computer Sciences and Mathematical Sciences; Biotechnology, Agriculture and Livestock; Sustainable Development; Social Transformation and Empowerment; and Higher Education Studies.
  • MoU on Cooperation in the Field of Social Issues This MoU envisages cooperation in the field of social development, poverty eradication, social security, social policy, monitoring and evaluation, institutional capacity building, micro-finance, and co-operation in multilateral fora.
  • MoU on Cooperation in Wind Resource The areas of cooperation under this MoU are wind power resource assessment, standards, testing facilities and certification procedures for wind resource systems, subsystems, and components; deployment of wind power systems; and design and development of wind power systems, especially for low wind regimes.
  • MoU on Cultural Cooperation
    This MoU aims to promote the exchange of cultural activities and expertise; develop cooperation in areas of preservation of historic, artistic, cultural heritage and as well as development of creative industries; encourage travel among three countries; and increase awareness amongst peoples of the concerned countries regarding IBSA as a brand name through cultural exchanges.

 



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