
A trilateral alliance of the governments of Brazil, India and South Africa has decided to focus on transfer pricing as a key economic theme. IBSA, which was formed following a G8 meeting in Evian in 2003, examines economic and social issues which are relevant to the three countries. (Pictured Indian parliament)
The Brazilian and South African governments are planning to send a delegation to India to discuss the operation and practice of transfer pricing policy in the Indian sub-continent. The South African administration said that a series of economic agreements are being formed between the countries.