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- IBSA stands for India-Brazil-South Africa
- Aims at galvanizing South-South cooperation
- All Developing Democracies
- 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 was formalised and launched through the adoption of the “Brasilia Declaration” in 2003
- Brasilia Declaration (2003) : Approved urgent need for reforms in the United Nations, especially the Security Council.