The Hindu Business Line
Lack of inter regional transport links, shortage of aircraft and limited landing rights were identified as some of the key impediments in achieving a robust trilateral trade between India-Brazil and South Africa (IBSA).
This was the consensus among the key speakers at the third IBSA summit on Monday, organised by the country’s chambers of commerce.
The Union Minister for Commerce and Industry, Kamal Nath, identified the three economies — India, Brazil and South Africa – as the engines of growth in the current financial gloom.
Some of the major areas of cooperation among the three countries include infrastructure, mining, information technology, pharma and healthcare, transport, agri-business, skills development and energy sector.
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