India will be hosting the 7th IBSA (India-Brazil-South Africa) Summit in 2015, it was announced following a meeting between Prime Minister Narendra Modi and South African President Jacob Zuma in Brazil on Wednesday.
The two leaders met on the sidelines of the interaction between the BRICS leadership and leaders from Latin American countries.
It was also decided that New Delhi would also be hosting the India Africa Forum in December this year.
IBSA is a trilateral initiative amongst India, Brazil and South Africa “to promote, inter-alia, South-South cooperation and exchange”.
The platform was announced, following a meeting of the foreign ministers of the three countries in Brasilia in 2003, through the adoption of the Brasilia Declaration.
The IBSA summit involves consultations at the Heads of State level while meetings between Ministers and officials are held at the Trilateral Joint Commission and Focal Point levels respectively.
The dates and schedule for the summit would be decided after consultation among the three participant countries, MEA officials said.