IBSA vs BRICS: China and India courting Africa

Mancheri, Nabeel A (2011) IBSA vs BRICS: China and India courting Africa. East Asia Forum. pp. 1-3.

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    Abstract: The India–Brazil–South Africa Dialogue Forum (IBSA), founded by the Brasilia Declaration in 2003, serves as a coordinating mechanism between its member states. The Declaration cited three major reasons as the basis for closer cooperation: shared democratic credentials, developing country status and desire to act on a global scale. Meanwhile, the ‘BRICs’ countries (Brazil, Russia, India and China) attained global significance in 2008 with the onset of the global financial crisis for their positive economic growth. After the grouping inducted South Africa in 2011, the newly-termed ‘BRICS’ took on a geopolitical character, as a multilateral forum incorporating these five emerging economies, and released its first formal declaration after the Sanya summit in 2011.
    Item Type: Article
    Additional Information: Copyright belongs to Publisher
    Subjects: International Strategic and Security Studies Programme > International Relations
    Divisions: Schools > International Strategic and Security Studies Programme
    Date Deposited: 03 Dec 2015 11:12
    Last Modified: 03 Dec 2015 11:12
    URI: http://eprints.nias.res.in/id/eprint/877

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