12 July,2022 12:53 PM IST | New Delhi | ANI
Prime Minister Narendra Modi. File Pic
Prime Minister Narendra Modi will be participating in the first Leaders' Summit of I2U2, along with leaders of Israel, UAE and the US on July 14 virtually. I2U2 is aimed to encourage joint investments in six mutually identified areas such as water, energy, transportation, space, health, and food security.
"Prime Minister Narendra Modi will be participating in an I2U2 Summit, along with Prime Minister of Israel Yair Lapid, President of the UAE Mohammed bin Zayed Al Nahyan and President of the USA Joseph R. Biden," the Ministry of External Affairs (MEA) said in a statement.
ALSO READ
Mid-Day Top News: Maharashtra assembly polls likely only after Diwali and more
Congress: Centre insensitive to statehood restoration demand, will be poll issue
Haryana Assembly elections: Ramdas Athawale's RPI(A) seeks 2 seats from BJP
NC to prioritise lifting of AFSPA if voted to power in J-K, says Omar Abdullah
BJP may ally with regional parties, independents: Omar Abdullah
The I2U2 Grouping was conceptualized during the meeting of the Foreign Ministers of the four countries held on October 18 last year. "Each country also has Sherpa-level interactions regularly to discuss the possible areas of cooperation," the MEA said.
It intends to mobilize private sector capital and expertise to help modernize the infrastructure, low carbon development pathways for our industries, improve public health, and promote the development of critical emerging and green technologies.
Also Read: PM Modi unveils national emblem on new Parliament building
The Leaders will discuss the possible joint projects within the framework of I2U2 as well as the other common areas of mutual interest to strengthen the economic partnership in trade and investment in our respective regions and beyond.
These projects can serve as a model for economic cooperation and offer opportunities for our businesspersons and workers.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever