- Foreign Ministers of IBSA (India, Brazil and South Africa) strongly criticised Israel’s attacks against Gaza.
- What is it?: The IBSA Dialogue Forum (India, Brazil, South Africa) is an international tripartite grouping for promoting international cooperation among these countries.
- Formation
- Created in 2003.
- The grouping was formalised under the name of the IBSA Dialogue Forum under the Brasilia Declaration.
- Significance
- It represents three important poles for galvanizing South–South cooperation.
- The forum provides the three countries with a platform to engage in discussions for cooperation in the field of agriculture, trade, culture, and defence among others.
- IBSA Fund:
- It was established in 2004 which facilitates the execution of human development projects to advance the fight against poverty and hunger in developing countries.
- It is managed by the UN Office for South-South Cooperation (UNOSSC).
- Defence Grouping: IBSAMAR is a joint multinational maritime exercise, among the Indian, Brazilian and South African navies which is an important part of defence cooperation among these countries.