India-Brazil-South Africa (IBSA) Dialogue Forum, Sixth Trilateral Commission Meeting, Brasilia Ministerial Communiqué, 1 September 2009

“...the Ministers agreed to the following:...

...12. Greet with satisfaction the entry into force of the Preferential Trade Agreement between MERCOSUR and India, as well as the conclusion of the Preferential Trade Agreement between MERCOSUR and SACU. Look forward to negotiations in order to broaden and deepen these two agreements. Also welcome the ongoing India-SACU trade negotiations. Underscore that these three negotiations form the basis for progress towards the envisaged India-MERCOSURSACU Trilateral Trade Arrangement and agreed to grant continued support to this initiative at the highest political level. Recalling the technical trilateral meetings that took place in Pretoria in October 2007 and in Buenos Aires in April 2008, reaffirm the commitment of Brazil, India and South Africa to the scheduling of the 1st MERCOSUR-SACU-India trilateral ministerial meeting at the earliest convenience of all participants. Emphasize that growing trade cooperation between India, MERCOSUR and SACU will contribute to enhance relations among three important regions in the developing world.”