ANI
23 Sep 2022, 00:07 GMT+10
New York [US], September 22 (ANI): Sherpas of four countries of the I2U2 grouping consisting of India, Israel, UAE and the USA held a meeting on the sidelines of United Nations General Assembly in New York and expressed their commitment to deepening the economic partnership.
In the Tuesday meeting, India was represented by Dammu Ravi, Secretary (ER), Ministry of External Affairs; US side by Jose W. Fernandez, US Under Secretary of State; Israeli side by Alon Ushpiz, Director General, Ministry of Foreign Affairs of Israel; and UAE side by Ahmed bin Ali Al Sayegh, Minister of State, United Arab Emirates, an MEA press release read.
The group took stock of the projects identified under I2U2 -- setting up of food parks in India and a hybrid Renewable Energy/battery storage project in Dwarka, Gujarat. It agreed to continue to work closely in line with the outcome of the Leaders' Summit in July 2022.
I2U2 was initially formed in October 2021 following the Abraham Accords between Israel and the UAE, to deal with issues concerning maritime security, infrastructure and transport in the region. At that time, it was called the 'International Forum for Economic Cooperation.' That was referred to as the 'West Asian Quad'.
I2U2 aims to encourage joint investments in six mutually identified areas such as water, energy, transportation, space, health, and food security. In the grouping's name, 'I2' stands for India and Israel, whereas 'U2' stands for the US and the UAE. This is a great achievement which tells the geopolitical changes that happen in the region.
This will not only revitalize and re-energize the system of alliances and partnerships around the world but also stitch together partnerships that did not exist previously or were not utilized to their full extent.This will help the countries in exploring security cooperation among the four nations within the framework of these new groupings.
Each of these countries is a technological hub. Biotechnology, of course, is prominent in each of these countries as well. This initiative offers an opportunity to discuss food security. These countries could cooperate on a number of levels, whether it's technologies, trade, climate, fighting against Covid-19, or even security. (ANI)Get a daily dose of Jamaican Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Jamaican Times.
More InformationNEW YORK, New York - U.S. stocks dived, then partially recovered Tuesday as 25 percent import duties on goods from Canada and Mexico...
AUSTIN, Texas: Tesla has taken a key step toward launching its long-promised robotaxi service by applying for a transportation permit...
WASHINGTON, D.C.: Contracts to buy previously owned homes in the U.S. fell to a record low in January due to high mortgage rates and...
NEW YORK CITY, New York: A routine banking transaction at Citigroup last April turned into a major blunder when the bank mistakenly...
NEW YORK, New York - U.S. and Canadian stocks sank Monday, weighed down by President Donald Trump's looming trade tariffs. The introduction...
CAPE CANAVERAL, Florida: A new private lunar mission is on its way to the moon, as Intuitive Machines launched its second lander, Athena,...
CAIRO, Egypt - UN Secretary-General Antonio Guterres has warned of the 'alarming situation' unfolding in the West Bank, and says the...
WASHINGTON, D.C.: The number of migrants caught crossing the U.S.-Mexico border illegally in February is expected to be one of the...
MONTGOMERY, Alabama: A new bill in Alabama would give police officers more legal protection if they use excessive force or kill someone...
WASHINGTON, D.C.: The U.S. military has 30 days to decide how it will find and remove transgender service members. This may involve...
DES MOINES, Iowa: Iowa lawmakers have passed a new law that removes protections for gender identity from the state's civil rights code....
SEOUL, South Korea: For the first time in nine years, South Korea recorded a rise in births, offering a rare positive sign in the country's...