IBSA a catalyst for global transformation, Says South African President Ramaphosa

The IBSA bloc, comprising India, Brazil, and South Africa, is emerging as a key force for global transformation and a voice for the aspirations of the Global South, South African President Cyril Ramaphosa said on Monday. South Africa recently assumed the chair of the grouping, underscoring its growing leadership role. Analysts often describe IBSA as a “semi-BRICS” alliance, a complementary Global South platform that focuses on cooperation among emerging economies outside the BRICS framework.

Speaking at the IBSA Leaders’ Dialogue on the sidelines of the G20 Summit in Johannesburg, Ramaphosa met Brazilian President Luiz Inácio Lula da Silva and Indian Prime Minister Narendra Modi. He emphasised that the bloc represents not only the interests of its member nations but also the broader hopes of developing countries seeking dignity, equality, and partnership in shaping global decision-making.

“The world is changing rapidly, and IBSA nations are determined to contribute actively to building a better future,” Ramaphosa said. He highlighted that diversity within the grouping is a source of strength, reinforcing the importance of collaboration among equals for global peace, prosperity, and stability.

Ramaphosa outlined several key priorities for IBSA, including reforming global governance institutions to make them more inclusive, reinvigorating climate action, and promoting just energy transitions. He also stressed the need to safeguard food and health security and ensure that the benefits of technological progress are equitably shared, especially among Global South nations.

The South African leader further underscored the importance of inclusive economic growth to address structural inequalities, reduce poverty, and bridge the growing gap between rich and poor countries. “Through initiatives like the IBSA Fund, we demonstrate the tangible value of our association, assisting those most in need and strengthening South-South cooperation,” he added.

Ramaphosa’s remarks coincided with the signing of a collaboration agreement on foundational learning, following a previous pact among the IBSA Education Ministers, highlighting the bloc’s commitment to knowledge sharing and human capital development. He also expressed hope for a full IBSA Leaders’ Summit in the near future, describing the grouping as more than just a dialogue forum but a strategic platform shaping global priorities.

Analysts noted a political undertone at the summit, as the United States did not participate in the G20 declaration, with South Africa refusing to hand over the G20 chair gavel to junior US officials—reflecting the growing assertiveness of emerging economies on the global stage.

Ramaphosa’s vision positions IBSA as a practical instrument for advancing sustainable development, climate action, just energy transitions, and equitable technological progress, while promoting cooperation, solidarity, and leadership among developing nations.