As per the Framework Agreement Article VII (12) all decisions taken by the International Steering Committee of the IBCA, established by the Republic of India Declaration dated 12th March 2024 on the IBCA, are submitted to the Assembly for adoption at its first meeting.

As per the Framework Agreement Article XVIII (4) once the Agreement comes into force, the International Steering Committee of the IBCA ceases to exist and a Standing Committee will be constituted.