'I2U2 stands for India, Israel, the UAE, and the US, and was also referred to as the ‘West Asian Quad’ by Ahmed Albanna, Ambassador of the UAE to India.   Back in October 2021, a meeting of the foreign ministers of the four countries had taken place when External Affairs Minister S Jaishankar was visiting Israel. At that time, the grouping was called the ‘International Forum for Economic Cooperation’. ,  The United Arab Emirates on Thursday announced an investment of USD 2 billion to develop a series of integrated food parks across India as part of efforts by the four-nation grouping I2U2 (India-Israel-UAE-USA) to help tackle food insecurity in South Asia and the Middle East.  Prime Minister Narendra Modi joined United States President Joe Biden, Israeli PM Yair Lapid and UAE President Mohammed bin Zayed Al Nahyan at the first virtual summit of the four-nation grouping \'I2U2\' on Thursday. Today’s inaugural I2U2 leaders meeting focused on food security crisis and clean energy. The leaders discussed innovative ways to ensure longer-term, more diversified food production and food delivery systems that can better manage global food shocks, read a joint statement. The I2U2 ( \"I\" standing for India and Israel, and \"U\" for the US and the UAE) grouping was conceptualised during the meeting of the foreign ministers of the four countries held on October 18 last year. Also, India\'s bilateral strategic ties with each of the three countries are on an upswing for the last few years. Here are the key points- \'Good model for practical cooperation amid global uncertainties\' Prime Minister Narendra Modi, addressing the leaders\' meeting of the I2U2 Group, said from this very first summit, I2U2 has established a positive agenda. \"Our cooperative framework is a good model for practical cooperation in face of increasing global uncertainties,\" said PM Modi at I2U2 summit, adding, \"We have identified joint projects in various sectors and prepared a roadmap to go ahead.\"  I2U2 was initially formed in October, 2021 following the Abraham Accords, to deal with issues concerning maritime security, infrastructure and transport. The Abraham Accord is the first Arab-Israeli peace deal in 26 years mediated by the USA.  Objectives: Its stated aim is to discuss “common areas of mutual interest, to strengthen the economic partnership in trade and investment in our respective regions and beyond”. Six areas of cooperation have been identified by the countries mutually, and the aim is to encourage joint investments in water, energy, transportation, space, health, and food security.  hat are the Key Highlights of the Summit? The United Arab Emirates (UAE) announced to invest USD 2 billion in India to develop Food Parks across the country. India will provide appropriate land for the project and will facilitate farmers’ integration into the Food Parks. The Grouping declared to support a \"hybrid renewable energy project\" in Gujarat, consisting of 300 megawatts (MW) of wind and solar capacity. The project is expected to be another step in India\'s quest for \"500 GW of non-fossil fuel capacity by 2030\". The US and Israeli private sectors will be invited to lend their expertise and offer innovative solutions that contribute to the overall sustainability of the projects under the Grouping. What is Food Park? Food Park is a concept that aims at establishing the direct linkages from the farm to processing to consumer markets. It comprises Collection Centres (CCs) and Primary Processing Centres (PPCs) linked to a Central Processing Centre. What is the Significance of Food Parks? Tackles Food Insecurity: Investments in Food Parks will help maximize crop yields and, in turn, help tackle food insecurity in South Asia and the Middle East. They are aimed at cutting down \"food waste and spoilage\". India is a major, major food producer in the world. The focus on food and energy security has acquired urgency in the backdrop of the current military situation in Ukraine that has unleashed cascading negative effects on food, energy and other sectors. Increase in Income: Farmers\' income will multiply and they will come on board. Streamline Agricultural Supply Chains: India was chosen as the location for the food project because of its proximity to Israel and the UAE that will help in creating a smooth agriculture supply chain.ay Forward Only partnership can overcome today\'s conflicts and overlapping challenges, the most important of which are food and energy security, climate change and healthcare. India also has very longstanding ties to and engagement in the Middle East, and relationships not just with the Gulf countries but relationships — a relationship over the years with Israel. And so just as the United States can play a critical and central role in helping deepen Israel’s integration into the region, India has a role to play in that as well.' 

Tags: quad , Joe biden , PCS , polity , israel , Narendra Modi , upsc , IAS , international relations , summits , geopolitics , G.K , i2u2 , I2U2 summit , I2U2 Summit 2022 , Dicepool study , Dice pool study , Yair Lapid , Mohammed bin Zayed Al Nahyan. , West Asian Quad , S Jaishankar , International Forum for Economic Cooperation , integrated food parks , India-Israel-UAE-USA , chinas growth , current affaires , studyias , i2u2 meeting , hybrid renewable energy project , Abraham Accords

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