PM Modi addressed IBSA leaders, emphasizing unity against terrorism and the need for UNSC reform.
Modi proposed an IBSA fund for climate-resilient agriculture and a digital innovation alliance.
He highlighted IBSA's significance as a group connecting three continents and major democracies.
Modi advocated for united action against terrorism, rejecting double standards.
Discussions included strengthening cooperation in AI, digital infrastructure, and critical minerals.
Detailed Insights:
The IBSA grouping, comprising India, Brazil, and South Africa, aims to foster cooperation among major democracies from three continents.
Modi stressed that global institutions like the UNSC need reforms to reflect the current global order, as none of the IBSA countries are permanent members.
The proposed digital innovation alliance seeks to share digital public infrastructure like UPI, CoWIN, and cybersecurity frameworks.
The IBSA Fund has supported around fifty projects in areas like education, health, and women's empowerment across forty countries.
Bilateral talks with South Africa focused on enhancing cooperation in AI, digital public infrastructure, and critical minerals, promoting mutual investments.
Key Concepts Involved:
IBSA: A trilateral forum of India, Brazil, and South Africa promoting South-South cooperation.
UNSC Reform: Efforts to change the composition and working methods of the United Nations Security Council.
Digital Public Infrastructure: Open and interoperable digital systems enabling various services at scale.