I2U2 is a strategic coalition formed by India, Israel, the United States, and the United Arab Emirates, with the goal of fostering economic partnerships that benefit all member nations.
The coalition recently unveiled a business coalition aimed at promoting public-private partnerships, enhancing collaborative efforts among various sectors.
The launch of the I2U2 business coalition took place during the United Nations General Assembly (UNGA), providing a global platform for its announcement.
The projects initiated under I2U2 focus on seven critical domains:
I2U2 plays a significant role in strengthening economic ties between South Asia and West Asia, aligning its initiatives with the India-Middle East-Europe Economic Corridor (IMEC) strategy.
The coalition is spearheaded by representatives from India, Israel, the UAE, and the US, each contributing to the collaborative vision and operational strategies.
The private sector is actively encouraged to participate in public-private partnerships, with an emphasis on inviting businesses to engage in cross-border collaborations.
The mission of the I2U2 business coalition is to:
Proposals submitted under I2U2 are evaluated by a dedicated committee based on specific criteria, including job creation and infrastructure development. Projects categorized as Tier 1 receive substantial support, while Tier 2 projects, which exhibit strategic potential, may be encouraged as well.
The overarching aim of I2U2 is to deepen economic ties, foster robust public-private partnerships, and collaborate in essential domains, ultimately contributing to regional and global stability and prosperity.
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