India-Brazil-South Africa (IBSA) 1st Summit Joint Declaration, Brasilia, 13 September 2006

Sectors : Regional trade
Organisation : Other
Date made: 
Heads Of State
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Commitments in: Trade - Regional trade

“44. The Heads of State and Government expressed their deep satisfaction with the signing, during the 1st IBSA Summit, of the IBSA Action Plan on Trade Facilitation for Standards, Technical Regulations and Conformity Assessment. They noted that the Action Plan, which is one element of broader goals on business facilitation, is an important element to create a concrete basis for the increase of trade flows between IBSA countries. They also reiterated the commitment to enhancing trilateral trade through the envisaged conclusion of bilateral customs cooperation agreements.

45. The Heads of State and Government expressed their full support and commitment to the expeditious establishment of the Working Group to focus on the modalities for the envisaged India-Mercosur-SACU Trilateral Free Trade Agreement (T-FTA)....”