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Business-to-Business I2U2’s Economic Integration
Expanding Regional Economic Integration via I2U2’s Business-to-Business Cooperation Economic Growth, Energy, and the Environment Under Secretary of State Jose W. Fernandez participated in I2U2 (Israel, India, the UAE, and the United States) initiative’s inaugural enterprise forum, hosted in Abu Dhabi by means of UAE Minister of State H.E. on February 22, 2023, Ahmed bin Ali Al Sayegh, which include Director General of Israel’s Ministry of Foreign Affairs Ronen Levi The forum convened senior authorities officials, and the Economic Relations Secretary of India’s Ministry of External Affairs Dammu Ravi, with enterprise leaders and other private-sector stakeholders to spearhead business-to-business cooperation. Under Secretary Fernandez also met with senior Emirati officers to talk about cooperation on climate and clean energy action, meals security, and different shared economic priorities – notably ahead of the UAE internet hosting COP28 in November 2023. During the enterprise forum, I2U2 management mentioned possibilities to boost multi-regional cooperation and funding opportunities to tackle some of the regions’ most urgent issues, which includes administration of the electricity crisis and meals insecurity. Public and private-sector representatives gathered to strategize on how to nice promote prosperity throughout the region. Our commitment to overcome collective challenges and deepen coordination with I2U2 continues to serve as a regional mannequin to guide investments and initiatives to enhance sustainability and resilience in key sectors. Through I2U2, the United States and accomplice international locations proceed to realize tangible outcomes from collaboration in areas of meals and water security, energy, space, transportation, health, and technological know-how – inclusive of support for clean technological know-how and the decarbonization industry, as exemplified through India’s joining of the Agriculture Innovation Mission for Climate (AIM4C) initiative, which will increase the partnership to forty three governments and more than 275 complete partners who are working to at the same time strengthen AIM4C’s mission. the AIM4C initiative, can be found on the margins of the I2U2 Business Forum, the details find about India joining, here. Learn greater about I2U2 in Under Secretary Fernandez’s remarks, here.