Trade Agreements Blog

News and Resources to Help Your Business Manage Trade Agreements

And you thought a bilateral trade agreement was difficult to negotiate!

South Africa, Brazil, and India have announced a plan to increase trade between the three nations to U$25 Billion by 2015. Currently, they have an annual trade of U$ 10 billion.

The announcement was made at the 6th Annual IBSA (India Brazil, South Africa) Ministerial Commission Meeting. IBSA has a combined GDP of $3.2 trillion and a combined population of 1.4 billion people.

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