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Abu Dhabi: The inaugural I2U2 Business Forum kicked off in Abu Dhabi on Wednesday, jointly organized by the UAE Ministry of Foreign Affairs and International Cooperation and the Abu Dhabi Department of Economic Development.
The forum brought together senior private and public sector representatives from India, Israel, the UAE and the United States (I2U2) to discuss opportunities for collaboration between the business communities of the four countries. This is the first event of its kind since the I2U2 team was formally formed during the I2U2 Leaders Summit in July 2022.
The I2U2 Partnership is an organization focused on advancing tangible economic cooperation among its members in a range of areas, including food security, water, energy, space, transportation, health and technology. It aims to mobilize private sector capital and expertise to help modernize infrastructure, decarbonize industry, improve public health and promote the development of green technologies, among other goals.
Wednesday’s forum kicked off with opening remarks by Ahmed Al Sayegh, UAE Minister of State; Jose W. Fernandez, US Deputy Secretary of State; Dammu Ravi, Secretary (Economic Relations), Indian Ministry of Foreign Affairs; Brett McGurk, Middle East and North Africa Coordinator.
In their presentations, officials reiterated their commitment to strengthen economic cooperation under the I2U2 framework, noting the importance of direct engagement between policymakers in I2U2 countries and private sector stakeholders interested in future partnerships.
An official signing ceremony followed, welcoming India as the latest country to join the Climate Agriculture Innovation Mission, launched at COP26 by the UAE and the US, with Israel as a partner in collaboration with 140 other governmental and non-governmental entities.
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