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About I2U2 Initiative

Context:

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

Relevance:

GS II- International Relations

Dimensions of the Article:

  1. About I2U2 Initiative
  2. Significance

About I2U2 Initiative:

  • Following the Abraham Accords between Israel and the United Arab Emirates, I2U2 was founded in October 2021 to address marine security, infrastructure, and transportation challenges in the region.
  • It was known as the ‘International Forum for Economic Cooperation’ at the time.
  • The ‘West Asian Quad‘ was coined to describe this situation.
  • India, Israel, the United States, and the United Arab Emirates have formed the I2U2 initiative.
  • ‘I2’ refers for India and Israel in the group’s name, while ‘U2’ stands for the United States and the United Arab Emirates.
  • This is an outstanding achievement that reflects the region’s geopolitical shifts.
Focus:

This will not only revitalize and re-energize the system of alliances and partnerships around the world, but also stitch together partnerships that did not exist previously or were not utilized to their full extent.

Significance:

  • It empowers partners and encourages them to collaborate more closely, resulting in a more stable region.
  • India is seen as a large consumer market as well as a large producer of high-tech and highly sought-after items in the United States.
  • When it comes to Israel’s relationship with the United Arab Emirates, the US wants to improve commercial and economic ties between the two nations.
  • The Abraham Accords will allow India to enhance its relationship with Israel without jeopardising its ties with the UAE and other Arab states.

-Source: Indian Express


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December 2022
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