HomeNewsIndiaIndia tells UN it will make significant contributions to economic growth in Middle East and South Asia through I2U2

India tells UN it will make significant contributions to economic growth in Middle East and South Asia through I2U2

Prime Minister Narendra Modi attended the first virtual summit of the coalition on July 14 and said the grouping would make an important contribution in areas of energy security, food security and economic growth.

July 27, 2022 / 11:48 IST
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India has said it has vital stakes in peace and prosperity in the Middle East and through the newly-formed I2U2 grouping it is confident of making significant contributions to energy, food security and economic growth in the region and South Asia.

Four-nation grouping I2U2 comprises India, Israel, the UAE and the US. I stands for India and Israel and U for the US and UAE. Prime Minister Narendra Modi attended the first virtual summit of the coalition on July 14 and said the grouping would make an important contribution in areas of energy security, food security and economic growth.

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With US President Joe Biden, Israeli Premier Yair Lapid and UAE President Mohammed bin Zayed Al Nahyan listening, Modi said the grouping has established a positive agenda and its framework is a good model for practical cooperation in the face of increasing global uncertainties.

"India has vital stakes in peace and prosperity in the Middle East. During a recent virtual I2U2 summit, the leaders of India, Israel, the UAE and the US agreed to increase joint investment in six key areas of water, energy, transport, space, health and food security, Charg d'affaires in India's Permanent Mission to the UN Ambassador R Ravindra said at the UNSC open debate on the 'Question of Palestine' on Tuesday.