UAE's $2bn & US, Israel Tech For India Food Parks
The Times of India Mumbai|July 15, 2022
12U2 Kicks Off, Guj Energy Unit Also On Agenda
Sachin Parashar
UAE's $2bn & US, Israel Tech For India Food Parks

New Delhi: The I2U2 formally kicked off at the summit level on Thursday with PM Narendra Modi, Israel PM Yair Lapid, UAE's President Mohamed bin Zayed Al Nahyan and US President Joe Biden jointly announcing two major takeaways in food security and clean energy-a $2 billion investment by the UAE for developing integrated food parks in India and a 300 MW hybrid renewable energy project in Gujarat.

While Biden and Lapid mentioned the Ukraine situation in their opening remarks, as the meeting focused on the food security crisis, Modi said the grouping was a good model for practical cooperation at this time of increasing global uncertainties. The PM described I2U2 grouping's agenda and vision as progressive and positive.

The joint statement didn't specifically refer to the Ukraine crisis either even as Biden said in his opening remarks that growing food insecurity and volatile energy markets had been made worse by Russia's "brutal and unprovoked attack against its neighbour". "Its effects on cost of living have been immediate and dramatic," Lapid said.

'India-UAE 'food corridor' may boost yields'

هذه القصة مأخوذة من طبعة July 15, 2022 من The Times of India Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 15, 2022 من The Times of India Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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