The grouping is known as ‘I2U2’ with “I” standing for India and Israel and ‘U” for the US and the UAE.

The United Arab Emirates will invest $2 billion to develop a series of integrated food parks across India under the framework of the four-nation grouping ‘I2U2’.

The decision was announced after the leaders of the grouping — Prime Minister Narendra Modi, U.S. President Joe Biden, Israeli Prime Minister Yair Lapid and UAE President Mohammed bin Zayed Al Nahyan — held the first virtual summit.

A joint statement said the I2U2 leaders’ meeting focussed on food security crisis and clean energy and that they discussed innovative ways to ensure longer-term, more diversified food production and food delivery systems.

source/content: thehindu.com (headline edited)