IBSA countries issue joint statement after summit

08:30, April 16, 2010      

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India, Brazil and South Africa, known collectively as the IBSA, issued on Thursday a joint statement, which highlights their commitment to democratic values and to strengthening their cooperation in several fields.

The leaders of the three countries, who gathered in the Brazilian capital Brasilia for their Fourth Summit, called for reforms in the United Nations in order to "render it more democratic and consistent with the priorities of developing countries," and stressed that such a reform will not be complete without changes in the UN Security Council.

They also reaffirmed the need for changes in the Bretton Woods institutions, in order to boost effectiveness and increase credibility.

The IBSA countries reaffirmed that people must come first in the formulation and implementation of public policies, so as to achieve fair, equitable and sustainable development. The countries stressed the need to strengthen social policies, fight hunger and poverty, and generate decent jobs.

In addition, the leaders reaffirmed the importance of promoting gender equality by empowering women, increasing their participation in economic activities, and promoting and implementing policies to fight gender discrimination. They also emphasized the need to continue to strengthen international human rights law, in order to eliminate other forms of discrimination, such as racism and xenophobia.

In the joint statement, the IBSA leaders also addressed the climate change issue, reiterating the importance of a positive outcome in the climate change negotiations at the 16th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) and the 6th Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol, in Mexico. They urged developing countries to embrace ambitious actions to reduce their greenhouse gas emissions.

The IBSA members expressed their hope to conclude the World Trade Organization's Doha Development Round in order to boost economic recovery, and reiterated their commitment to keep contributing at least one million U.S. dollars per year to the IBSA Facility Fund, designed to helping other developing countries in need of financial aid.

The next IBSA meeting will take place in South Africa in 2011.

Source:Xinhua

(Editor:intern1)

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