About IBSA Forum:
- It is a Trilateral Dialogue Forum of India, Brazil and South Africa which was created in the year 2003.
- The grouping was formalised under the name of the IBSA Dialogue Forum under the Brasilia Declaration.
- Objective: Promoting ever closer coordination on global issues between the three large multicultural and multiracial democracies of Asia, South America and Africa, and contributing to enhancing trilateral India-Brazil-South Africa cooperation in sectoral areas.
- IBSA Fund:
- It was established in 2004 which facilitates the execution of human development projects to advance the fight against poverty and hunger in developing countries.
- It is managed by the UN Office for South-South Cooperation (UNOSSC).
- IBSAMAR is a joint multinational maritime exercise, among the Indian, Brazilian and South African navies which is an important part of defence cooperation among these countries.
Q1) What is Poverty?
Poverty is a state of deprivation or lack of access to essential resources, such as food, water, shelter, healthcare, education, and income, necessary to meet basic human needs.
Source: Members keen to revitalize India-Brazil-SA forum
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