G-3 a group of three countries constituted for trade promotion with political motives in 2003,which is known as
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constituted for trade promotion with. political motives in 2003, which is known. as : (A) I.B.S.A
I.B.S.A is a group of three countries constituted for Trade Promotion with political motives in 2003 due to the following reasons:
- The group of three countries India Brazil and South Africa that brings together in a specific forum called I.B.S.A
- Common challenges are faced by three major democracies and three major economic from the three continents.
- When the three countries foreign ministers convened in Brasilia on 6 June 2003 the grouping was formalized and called The I.B.S.A Dialog forum. and issued the Brasilia Declaration.
- To participate in discussions on cooperation in the fields of agriculture security commerce and culture among others, The forum offers the venue for the three countries.