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SA President Zuma to Host 5th IBSA Forum
Source: BuaNews
Source Date: Wednesday, October 19, 2011
Focus: Institution and HR Management
Country: South Africa
Created: Oct 19, 2011

The combined population of the three IBSA countries comprised of 1.384 billion people in 2008 with a combined average growth of 5.4%.


Apart from promoting South-South dialogue, IBSA also fosters inter-regional cooperation.


The engagement process of the IBSA countries takes place on three levels, namely: Heads of State and Government, Government-to-Government and People-to-People cooperation.     


South Africa’s trade with its IBSA partners has increased significantly since the Forum’s inception. South Africa’s trade statistics for period 2007 – 2010 with fellow IBSA countries shows an increase in overall trade from R36.920 billion in 2007 to R58.133 billion in 2010.
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