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INDIA ISRAEL US UAE ARE I2U2 SUMMIT NEXT MONTH

UPSC CURRENT AFFAIRS | INDIA, ISRAEL, US, UAE ARE I2U2, SUMMIT NEXT MONTH | 17TH JUNE | INDIAN EXPRESS

SYLLABUS SECTION: GS II (INTERNATION RELATIONS)

WHY IN THE NEWS?

As part of I2U2 initiatives, India, Israel, the US, and the UAE I2U2 next month will hold their first virtual summit in July 2022.

I2U2:

  • The United States, India, Israel, and United Arab Emirates will form a new bloc called I2U2 during US President Joe Biden’s visit to West Asia.
  • The quadrilateral I2U2 stands for “I” for India and Israel and “U” for the US and UAE.
  • The leaders of the alliance are referr to as the West Asia Quad | INDIA ISRAEL US UAE ARE I2U2 SUMMIT NEXT MONTH.
  • I2U2 was initially formed in October last year following the Abraham Accords between Israel and the UAE,
  • To deal with issues concerning maritime security, infrastructure, and transport in the region.
  • It will discuss the global food crisis, climate change, oil production, and the Yemen war among other areas of cooperation.

SIGNIFICANCE:

  • India is a big consumer market as well as a massive producer of high-tech and highly sought-after goods.
  • I2U2 countries can collaborate in various fields.
  • Each of these countries is a technological hub.
  • It will give an opportunity to discuss food security.
  • India will get the advantage of the Abraham Accordsto to deepen engagement with Israel without risking its ties with the UAE and the other Arab states.
  • It will help countries in building alliances — political alliances, and social alliances.

Read more: UPSC CURRENT AFFAIRS

SOURCE: INDIAN EXPRESS

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