India's role critical to Middle East-Indo-Pacific ties: US on PM Modi joining I2U2 summit
India Today
American National Security Advisor Jacob Sullivan has said that India and the US's roles are critical to the relationships and strategies in the Indo-Pacific region and the Middle East.
Prime Minister Narendra Modi will join US President Joe Biden, Israeli PM Yair Lapid, and UAE President Mohammed bin Zayed Al Nahyan at the first virtual summit of the four-nation meet — 'I2U2' — on Thursday.
I2U2 is aimed at encouraging joint investments in six mutually identified areas — water, energy, transportation, space, health, and food security. It intends to mobilise private sector capital and expertise to help modernise the infrastructure and low carbon development pathways for our industries, improve public health, and promote the development of critical, emerging and green technologies.
Read: US President Joe Biden launches Indo-Pacific trade deal with 12 nations including India
'I2' stands for India and Israel and ‘U2’ for the US and the UAE.
The global food and energy crisis arising out of the Ukraine conflict is likely to figure prominently in the talks that will begin around 4 pm.
"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," the Ministry of External Affairs (MEA) said on Tuesday.
ALSO READ | Quad Summit an opportunity to review progress of initiatives undertaken by group: PM Modi
