Explained: What is I2U2 that is holding its first-ever leader’s summit today?

The grouping was first mentioned in October last year by a senior US official, who said the meeting will take place during US President Joe Biden’s ongoing trip to the Middle East from July 13 to July 16.

PM Modi will be participating in an I2U2 Summit, along with Israel PM Yair Lapid, UAE President Mohammed bin Zayed Al Nahyan and US President Joseph R. Biden. The first Leaders’ Summit of I2U2 will be held virtually on 14 July 2022. pic.twitter.com/wKwgbwB5NV

— ANI (@ANI) July 12, 2022

What does I2U2 stand for?

I2U2 stands for India, Israel, the UAE, and the US, and was also referred to as the ‘West Asian Quad’ by Ahmed Albanna, Ambassador of the UAE to India. Back in October 2021, a meeting of the foreign ministers of the four countries had taken place when External Affairs Minister S Jaishankar was visiting Israel. At that time, the grouping was called the ‘International Forum for Economic Cooperation’.

The MEA said in its press release that the countries have had sherpa-level interactions regularly to discuss the possible areas of cooperation.

What is the aim of I2U2 grouping?

Its stated aim is to discuss “common areas of mutual interest, to strengthen the economic partnership in trade and investment in our respective regions and beyond”.

Six areas of cooperation have been identified by the countries mutually, and the aim is to encourage joint investments in water, energy, transportation, space, health, and food security. The press release added that with the help of “private sector capital and expertise”, the countries will look to modernise infrastructure, explore low carbon development avenues for industries, improve public health, and promote the development of critical emerging and green technologies.

The grouping also points to India’s growing engagement with countries in West Asia including Israel, with whom India has developed closer ties under PM Modi in the last few years. Two weeks ago, PM Modi also made a short visit to the UAE after attending the G7 Summit, soon after Vice-President Venkaiah Naidu’s trip in May this year.

About US President Biden’s ongoing visit to the Middle East, a US official had earlier said: “The visit will also focus on Israel’s increasing integration into the region, both through the Abraham Accords with UAE, Morocco and Bahrain…and also an entirely new grouping of partners including Israel, India, UAE and the United States — what we call I2U2.”

The Abraham Accords of 2020 had led to Israel formally normalising diplomatic ties with the UAE and two other countries in the region, marking an important shift in the stance of West Asian countries on Israel.