Impending IBSA meet to discuss about CEPA between MERCOSUR and SACU.

-Forthcoming IBSA meet to be held in New Delhi in mid 2017.

-Proposal for a Comprhensive Economic Partnership Agreement between India and MERCOSUR(a trading bloc and customs union of Latin American countries); and India and SACU(South African Customs Union).

-Talks on more contribution towards IBSA Fund on developmental projects,also planned.

Source:The HIndu