PM to attend IBSA summit

During his three-day visit, Singh will also have bilateral meetings with Brazilian President Dilma Rousseff and South African President Jacob Zuma. The fifth IBSA summit of the three leading emerging nations of three different continents will take place on October 18.

It will be preceded by the trilateral meeting of Foreign Ministers and forums on various topics like Commerce and Women and Child Development. An agreement for setting up of a Diplomatic Academy will be signed after the Summit. One of the important issues to be discussed at the summit would be the current global financial and economic situation, officials said here.

The three leaders will discuss possible steps that need to be taken to address the economic situation, which has become difficult in view of crisis in Europe. The discussion on the global financial situation and coordination of views would be significant as all the three leaders would be attending the G-20 meet in Cannes early next month. Issues related to international security like terrorism and maritime safety are also expected to be discussed.