2 years, 5 months ago
I2U2 summit: UAE to invest $2 billion to develop integrated food parks across India
The HinduThe 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 focused 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. On the project relating to food parks, the statement said India will provide appropriate land.
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