TheIBSAisatrilateraldevelopmentalinitiativebetweenIndiaBrazilandSouthAfricatopromoteSouthSouthcooperationandexchangeThegroupingwasformalisedandnamedtheIBSADialogueForumwhentheForeignMinistersofthethreecountriesmetinBrasiliaBrazilon6thJune2003andissuedtheBrasiliaDeclarationIBSAMARIBSAMaritimeExerciseisanimportantpartofIBSAtrilateraldefencecooperation