India discusses cooperation among IBSA countries in various multilateral fora, including UN, WTO and G20
The Hindu
The IBSA has emerged as a key tripartite grouping for the promotion of cooperation in a range of areas.
India has discussed ways to step up cooperation among IBSA (India, Brazil, South Africa) countries in various multilateral fora, including the UN, WTO and G20, on major issues of in the international agenda.
The IBSA has emerged as a key tripartite grouping for the promotion of cooperation in a range of areas.
External Affairs Minister S. Jaishankar on Wednesday hosted the 10th India-Brazil-South Africa (IBSA) Trilateral Ministerial Commission Meeting along with Brazil's Minister of Foreign Affairs Carlos Alberto Franco França and Dr. Joe Phaahla, Minister of Health of the Republic of South Africa.
"The Ministers expressed satisfaction on the coordination and cooperation among IBSA countries in various multilateral fora, including the UN, WTO, WIPO and G20, on major issues of international agenda. They reiterated their intention to further deepen IBSA cooperation on international issues at various International Organisations and groupings," according to a joint statement issued after the 10th IBSA Trilateral Ministerial Commission Meeting.
"The Ministers reaffirmed the centrality of the rules-based, transparent, non-discriminatory, open and inclusive multilateral trading system (MTS), as embodied in the WTO and its role in promoting predictability, stability, legal certainty and a level playing field for international trade while ensuring special and differential treatment for developing countries including Least Developed Countries," it said.
"They also agreed to make all efforts to reform and strengthen the multilateral trading system and make the WTO more effective and responsive to the needs of its developing country members," the statement said.
The members also underscored the need to continue to make positive efforts to ensure that developing country members, including the least-developed country members, secure a share in the growth of world trade commensurate with the needs of their economic development, it said.