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NEW YORK, Sept. 21 (PTI) — The I2U2 group of India, Israel, the United Arab Emirates and the United States has expressed its commitment to deepening its economic partnership, assessing current agricultural and clean energy projects, and reviewing contributions to the achievement of the group’s goals potential projects.
The group met here on the sidelines of the United Nations General Assembly on Tuesday.
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According to a statement from the US State Department, Deputy Secretary of State Jose W. Fernandez met with his I2U2 Group counterparts Damu Ravi, Minister of Economic Relations at the Indian Ministry of Foreign Affairs; Ahmed bin Ali Sayegh, Minister of State of the Emirate.
“The group expressed its commitment to deepening the economic partnership between the four countries. They assessed current agriculture and clean energy projects and reviewed potential projects to help further the group’s goals,” it said.
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The statement added that the group looked forward to building on the success of the leaders’ summit in July.
Prime Minister Narendra Modi, Israeli Prime Minister Yar Lapid, UAE President Sheikh Mohamed bin Zayed Al Nahyan and US President Joe Biden attended the virtual event this July The first I2U2 Leaders Summit.
The I2U2 grouping was conceptualized during a meeting of the four foreign ministers in October 2021.
“This unique group of nations aims to harness the dynamism and entrepreneurship of our society to tackle some of the biggest challenges facing our world, with a particular focus on joint investments and new initiatives in water, energy,” said a joint statement issued after the summit. , transportation, space, health and food safety”.
“We reiterate our support for the Abraham Accords and other peace and normalization arrangements with Israel. We welcome the economic opportunities presented by these historic developments, including the promotion of economic cooperation in the Middle East and South Asia, and in particular the promotion of sustainable investment among I2U2 partners .
“We also welcome other new groupings of countries, such as the Negev Regional Cooperation Forum, which recognize the unique contributions of each partner country, including Israel’s ability to strategically address challenges as an innovation hub connecting new partners and the hemisphere of any country. All are well managed individually,” the joint statement said.
The group aims to encourage joint investments in six mutually defined areas: water, energy, transport, space, health and food security.
“It intends to mobilize private sector capital and expertise to help modernize infrastructure, a low-carbon development pathway for our industry, improve public health, and promote the development of key emerging and green technologies,” India’s foreign ministry said.
(This is an unedited and auto-generated story from the Syndicated News feed, the body of the content may not have been modified or edited by LatestLY staff)
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