July 14, 2022
2 mins read

I2U2 vision progressive and practical: Modi at first leaders’ summit

In his remarks at the meeting, Modi said that “under the I2U2 framework, we’ve agreed on increasing the joint investment in 6 important areas of water, energy, transport, space, health & food security.”…reports Asian Lite News

While addressing the first I2U2 leaders’ summit virtually, Prime Minister Narendra Modi said that the framework has set a positive agenda and is a good model for practical cooperation in the face of increasing global uncertainties.

Modi highlighted that the West Asia Quad grouping will “make a significant contribution toward energy security, food security and economic growth globally.”

“From this very first summit, I2U2 has established a positive agenda. We have identified joint projects in various sectors and prepared a roadmap to go ahead,” Modi said.

“Our cooperative framework is also a good model for practical cooperation in the face of increasing global uncertainties,” he added.

In his remarks at the meeting, Modi said that “under the I2U2 framework, we’ve agreed on increasing the joint investment in 6 important areas of water, energy, transport, space, health & food security.”

Modi termed the vision and agenda of I2U2 as “progressive and practical.”

The virtual summit of India, Israel, UAE, and the USA dubbed “I2U2” is being projected as the Quad for West Asia. I2U2 is aimed to encourage joint investments in six mutually identified areas such as water, energy, transportation, space, health, and food security.

The I2U2 grouping was conceptualised during the meeting of the Foreign Ministers of the four countries held on October 18 last year. “Each country also has Sherpa-level interactions regularly to discuss the possible areas of cooperation,” the MEA said.

It intends to mobilise private sector capital and expertise to help modernise the infrastructure, and low carbon development pathways for our industries, improve public health and promote the development of critical emerging and green technologies.

The leaders will discuss the possible joint projects within the framework of I2U2 as well as the other common areas of mutual interest to strengthen the economic partnership in trade and investment in respective regions and beyond. (ANI)

I2U2 to propel growth, says Lapid

Israeli Prime Minister Yair Lapid said that the “I2U2” nations have a common vision wherein the four nations want to bring together resources to propel infrastructure development, quality education and environmental conservation.

Speaking at the First Leaders Meeting of the “I2U2” group, Prime Minister Lapid said, “The real solutions will only come through countries that know how to bring together resources. We want to change the world for the better.”

“Our goal is to have the private market as a partner. Despite being four different countries, it is clear that all of us want the same thing including infrastructure development, quality education for children and reducing the damage inflicted on the environment,” he added.

ALSO READ: I2U2 Summit: UAE to invest $2 bn for food parks across India

Previous Story

Jan 6 panel exposes Trump’s lies

Next Story

Ukraine’s First Lady calls for global solidarity against Russia’s aggression

Latest from -Top News

Canada, US back in trade war?

U.S. President Donald Trump said that all ongoing trade talks with Canada will be terminated, with new tariffs possibly on the horizon. Canadian Prime Minister Mark Carney has described trade negotiations with

Supreme Court curbs judges’ powers to block Trump

The US Supreme Court has ruled that federal district judges do not have the authority to issue nationwide injunctions against President Donald Trump’s executive order targeting birthright citizenship, handing the administration a

Rubio to host Quad partners in Washington

The July 1 meeting comes amid growing complexity in intra-Quad relations….reports Asian Lite News The United States will host a high-level Quad Foreign Ministers Meeting on July 1 in Washington, D.C., as
Go toTop

Don't Miss

Bill protecting same-sex, interracial unions set for passage

President Joe Biden backs the bill and said he will

Delhi Lauds Dubai Expo

Piyush Goyal, the Minister for Commerce and Industry, who is