The inaugural virtual summit of the four-nation grouping “I2U2” will take place on Thursday, and Prime Minister Narendra Modi will attend together with US President Joe Biden and Israeli Prime Minister Yair Lapid, and UAE President Mohammed bin Zayed Al Nahyan.
The coalition’s leaders are anticipated to discuss collaborative economic initiatives to strengthen economic cooperation.
“I” stands for India and Israel, while “U” stands for the US and the UAE, making up the acronym “I2U2.”
The global food and energy crises brought on by the war in Ukraine are set to take center stage in the negotiations.
Around 4 pm, the virtual summit is anticipated to start.
On Tuesday, the Ministry of External Affairs (MEA) said that the leaders would discuss potential cooperative initiatives under the “I2U2” framework and other areas of shared interest to expand the economic relationship in trade and investment in our respective regions beyond.
The four nations’ foreign ministers met on October 18 last year, during which the I2U2 grouping was first conceived.
In recent years, India’s bilateral strategic relations with the three nations have improved. AQS PTI MPB AQS