PM Modi to take part in today’s I2U2 meet virtually

14 July, 2022 | Riya Girdhar

usa National

"I" stands for India and Israel, and "U" stands for the US and the UAE, making up the acronym "I2U2."

At the inaugural virtual summit of the four-nation grouping “I2U2,” PM Modi will participate alongside US President Joe Biden, Israeli Prime Minister Yair Lapid, and UAE President Mohammed bin Zayed Al Nahyan.

The inaugural virtual summit of the four-nation grouping “I2U2” will take place on Thursday, and Prime Minister Narendra Modi will attend along with US President Joe Biden, Israeli Prime Minister Yair Lapid, and UAE President Mohammed bin Zayed Al Nahyan.

The coalition’s leaders are anticipated to talk about collaborative economic initiatives to strengthen economic cooperation.

The global food and energy crisis brought on by the conflict in Ukraine is set to take centre stage in the negotiations.
Around 4 pm, the virtual summit is anticipated to start.

The Ministry of External Affairs (MEA) reported on Tuesday that the leaders would discuss potential cooperative initiatives within the “I2U2” framework as well as other areas of shared interest to expand the economic partnership in trade and investment in our respective regions and beyond.

The I2U2 coalition was conceived during the meeting of the four nations’ foreign ministers on October 18, 2016.

In the recent few years, India’s bilateral strategic ties with each of the three nations have improved.