TODAYs ANSWER WRITING CHALLENGE FROM GS-II
Q1. Compare the significance of IBSA and BRICS in the context of India’s multilateral diplomacy. [10marks/2012/GS-2] 100 words.
Please write answer in the comments section.
1. India’s Stand on IBSA Summit – India participated at the 5th IBSA summit at Pretoria to get the forums focus on increased coordination on a host of global issues, including the UN reforms, the international economic situation, and climate change. India used the platform to show the world that global financial and capital markets are now showing signs of acute distress due to the negative signals sent by the sovereign debt crisis in Europe and recessionary trends in the traditional engines of global economy- the USA, Europe, and Japan.
2. No doubt, the BRIC (Brazil-Russia-India-China) and IBSA (India-Brazil-South Africa) countries need to continue working together to improve and assert their dominance.
3. This must not come at the expense of the principles of South-South co-operation, which are meant to protect and to advance the development of the weaker states. It is therefore imperative for countries of the South, and particularly Africa as the most vulnerable continent, to be circumspect and not take these new South-South Alliances as face value.