Source: Mpumalanga Provincial Government (http://www.mpumalanga.gov.
Pretoria - South Africa, India and Brazil have agreed to jointly develop a satellite and forge closer cooperation on global issues like UN reforms, climate change and world trade talks.
Zuma said the decision to develop the satellite jointly was symbolic of the fact that the forum has entered a new phase.
"But we are yet to fully explore the full potential of this forum," he said.
Zuma said the three countries also needed more coordination on climate change to ensure legally binding agreement on the issue in the next summit in Mexico next year.
India's Singh said this has been a very useful round of discussions for IBSA, reaching agreement on several important global issues.