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Detailed explanation-1: -The 10th India-Brazil-South Africa Dialogue Forum (IBSA) Trilateral Ministerial Commission meeting was held in New York yesterday. The meeting was chaired by External Affairs Minister Dr. S.

Detailed explanation-2: -It has since its inception, allocated over USD 44 million, supporting 39 South-South cooperation development projects in 35 partner countries with the majority being Least Developed Countries. India is the incumbent IBSA Chair and will be hosting the 6th IBSA Summit on the sidelines of the G20 Summit in November 2022.

Detailed explanation-3: -The Ministers of South Africa and Brazil thanked the Minister of External Affairs of India for hosting the 10th IBSA Trilateral Ministerial Commission Meeting. 43. The Ministers expressed their full support to India with its preparations to host the 6th IBSA Summit on the sidelines of the G20 Summit in November 2022.

Detailed explanation-4: -New York [US], September 22 (ANI): India hosted the 10th Ministerial Commission of Foreign Ministers of the India-Brazil-South Africa Trilateral Cooperative Forum (IBSA), on the sidelines of the 77th United Nations General Assembly.

Detailed explanation-5: -IBSA does not have a headquarters or a permanent executive secretariat. At the highest level, it counts on the Summits of Heads of State and Government. But, 2011 onwards, BRICS, the larger group comprising IBSA countries, China and Russia, started to overshadow IBSA. Know in detail about the BRICS on the linked page.