I2U2 is good model for practical cooperation: PM Modi at inaugural summit

New Delhi, July 14 (Representative) Prime Minister Narendra Modi, addressing the leaders of the US, UAE, and Israel at the inaugural I2U2 summit, said on Thursday that the new geostrategic quartet has identified joint projects in several areas, and also drawn up the roadmap for going forward in those areas. Addressing US President Joe Biden, Israeli Prime Minister Yair Lapid and UAE President Sheikh Mohamed bin Zayed Al Nahyan in virtual mode, PM Modi said the four nations are not only good friends, but also share similarities in their interests and approach.

“I2U2 has developed a positive agenda since its inception:” “The I2u2 has identified joint projects in several areas, and also drawn up a roadmap for going forward in those areas,” he said. “We have agreed to increase joint investment in six important areas — water, energy, transportation, space, health, and food security. Both the vision and agenda in I2U2 are practical,” he added. “It is a clear that the I2U2 has a vision that is progressive and practical,” he said. “By mobilising our countries’ strengths, like capital, expertise and markets, we can give impetus to the pace of our agenda and thereby make important contribution to the global economy.” “In the midst of increasing global uncertainties our cooperation is a good model for practical cooperation,” the PM said. He also voiced confidence that the summit would make important contributions in the areas of energy security, food security and economic growth.