Prime Minister Manmohan Singh is all set to embark on a visit to Pretoria tomorrow to attend the trilateral India-Brazil-South Africa (IBSA) summit.
With focus on tumultuous global economic situation and UN Security Council issues, Prime Minister Manmohan Singh will embark on a visit to Pretoria tomorrow to attend the trilateral India-Brazil-South Africa (IBSA) summit that is expected to be dominated by these pressing issues.
During his three-day visit, Singh will also have bilateral meetings with Brazilian President Dilma Rousseff and South African President Jacob Zuma. The fifth IBSA summit of the three leading emerging nations of three different continents will take place on October 18.
"I also look forward to an exchange of views with our IBSA partners on the current global economic and financial situation especially in the context of the forthcoming G-20 Summit in France," Singh said in a pre-departure statement here.
The three leaders will discuss possible steps that need to be taken to address the economic situation, which has become difficult in view of crisis in Europe, officials said.
Singh said the Summit is also expected to focus on coordination among IBSA countries in United Nations Security Council, sustainable development, the forthcoming meetings of the Conference of Parties under the UNFCCC and the Conference of Parties to the Kyoto Protocol being hosted by South Africa later this year, the Rio+20 Conference being hosted by Brazil in 2012 and other matters related to deepening of cooperation under IBSA.
"It is a happy coincidence that during 2011, India, Brazil and South Africa are members of the United Nations Security Council. We have shown significant cohesiveness and coordination in our approach to issues under discussion in the Security Council," the Prime Minister said.
Each country contributes $1 million each year to the Fund. The Summit will be preceded by the trilateral meeting of Foreign Ministers and forums on various topics like Commerce and Women and Child Development. India has been maintaining that the relevance of the IBSA will remain as it brings together three large democracies of three continents and is not undermined by the Brazil-Russia-India-China-South Africa (BRICS). Singh said he also looked forward to holding bilateral meetings with Zuma and Rousseff to exchange views on global, regional and bilateral issues of mutual interest.
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