Trump's attacks push India, Brazil, South Africa closer together | Fortune
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Trump's attacks push India, Brazil, South Africa closer together | Fortune
"Leaders from India, Brazil and South Africa met in Johannesburg on the sidelines of the Group of 20 summit on Sunday to give greater importance to a trilateral grouping, the so-called IBSA forum. It's the first time in more than a decade that the leaders are gathering under the auspices of the grouping, although foreign ministers have done so regularly over the years."
""Our grouping affirms that diversity is not a fault line but a source of strength," South African President Cyril Ramaphosa said in opening remarks at the IBSA meeting. "We must position ourselves as co-architects of a more representative and responsive multilateral system." The absence of Chinese President Xi Jinping from the summit - only the second time he's skipped the G-20 forum - may have also been an opening for the three leaders to revive their trilateral grouping."
India, Brazil and South Africa revived high-level meetings of the IBSA trilateral grouping in Johannesburg during the G-20 summit. The leaders elevated IBSA's importance after U.S. President Donald Trump's tariffs and public rebukes targeted the three emerging markets. The summit saw a coordinated effort to position IBSA members as co-architects of a more representative and responsive multilateral system. The absence of Chinese President Xi Jinping at the G-20 created space for IBSA leaders to strengthen ties. The move reflects a response by emerging economies to perceived U.S. protectionism and a desire for greater cooperation on global economic governance.
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