I2U2 India-centric outcomes: UAE to invest $2 billion to develop series of integrated food parks | Top points

Highlights UAE will invest USD 2 billion to develop a series of integrated food parks across India I2U2 will advance hybrid renewable energy project in Gujarat PM Modi said the 'I2U2' has established a positive agenda from its first summit itself I2U2 Summit: The first virtual summit of the four-nation grouping India, Israel, United States, and UAE, I2U2 was held today that aimed to jointly invest in six key areas including water, transport, food security, health, energy and space. UAE to invest $2 billion to set up series of integrated food parks across India The United Arab Emirates will invest USD 2 billion to develop a series of integrated food parks across India under the framework of the four-nation grouping 'I2U2' as its leaders explored practical cooperation and joint projects in areas of food security and clean energy. The statement further added that the UAE will invest USD 2 billion to develop a series of integrated food parks across India that will "incorporate state-of-the-art climate-smart technologies to reduce food waste and spoilage, conserve fresh water, and employ renewable energy sources". I2U2 will advance hybrid renewable energy project in Gujarat The meeting focused on the food security crisis and clean energy with the leaders discussing innovative ways to ensure longer-term, more diversified food production and food delivery systems that can better manage global "food shocks", it said.