Home Business UAE Hosts First I2U2 Vice-Ministerial Meeting, Investment Opportunities Discussed

UAE Hosts First I2U2 Vice-Ministerial Meeting, Investment Opportunities Discussed

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New Delhi: The vice ministers of I2U2 international locations – Israel, India, america and the United Arab Emirates on Wednesday centered on potential partnerships within the fields of meals safety, vitality, water, house, transport, well being, and know-how.

The I2U2 enterprise discussion board, held in Abu Dhabi within the United Arab Emirates (UAE), introduced collectively senior non-public and public sector representatives from the 4 international locations to debate alternatives for cooperation between the enterprise communities.

Through the enterprise discussion board, the I2U2 management mentioned alternatives to advance multi-regional cooperation and funding alternatives to deal with a number of the area’s most urgent points, together with administration of the vitality disaster and meals insecurity, US State Division mentioned in an announcement. 

“Private and non-private-sector representatives gathered to strategize on the way to finest promote prosperity throughout the area. Our dedication to beat collective challenges and deepen coordination with I2U2 continues to function a regional mannequin to help investments and initiatives to enhance sustainability and resilience in key sectors,” the assertion mentioned.

UAE Minister of State Ahmed bin Ali Al Sayegh hosted the discussion board, which was attended by Director Basic of Israel’s Ministry of International Affairs Ronen Levi and, India’s Financial Relations Secretary Dammu Ravi, whereas the US delegation was led by the Below Secretary of State for Financial Progress, Vitality, and the Surroundings Jose W Fernandez.

“Our dedication to beat collective challenges and deepen coordination with I2U2 continues to function a regional mannequin to help investments and initiatives to enhance sustainability and resilience in key sectors,” US mentioned.

The US mentioned that it’s working intently with different I2U2 counterparts to discover further tasks to deal with meals insecurity and advance house cooperation – areas that may require all the member international locations to share experience, adapt to local weather challenges, and put money into revolutionary know-how, in keeping with the assertion.

It’s the first vice-ministerial assembly because the grouping was introduced collectively by President Joe Biden, Israeli Prime Minister Lapid, UAE President Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi.

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