This is an archive article published on October 19, 2021

India to be part of 4-country forum on economic cooperation

Jaishankar described the meeting as 'fruitful' and said they discussed working together more closely on economic growth and global issues.

2 min readNew DelhiUpdated: Oct 20, 2021 02:26 AM IST

Jaishankar, who is currently on a five-day visit to Israel, was accompanied by his Israeli counterpart Yair Lapid, during the virtual meeting withUS Secretary of State Antony Blinken and United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan. (Twitter/@DrSJaishankar)

India, United States, Israel and the UAE have decided to form a forum for future economic cooperation and to explore possibilities of joint infrastructure projects in the fields of transportation, technology, maritime security, and economics and trade.

External Affairs Minister S Jaishankar, who is on a five-day visit of Israel, accompanied his Israeli counterpart Yair Lapid in a virtual meeting on Monday with US Secretary of State Antony Blinken and United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, in which the four leaders also exchanged views on shared issues of concern in the region, an official statement said.

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“A fruitful first meeting with Israeli APM and FM Yair Lapid, UAE FM Sheikh Abdullah bin Zayed Al Nahyan and US Secretary of State Antony Blinken this evening. Discussed working together more closely on economic growth and global issues. Agreed on expeditious follow-up,” Jaishankar said in a tweet after the meeting.

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“The ministers decided to establish an international forum for economic cooperation,” said a statement issued by the Israeli Foreign Ministry.

Also Read | India, Israel to renew negotiations on FTA

At the end of the meeting, it was decided that each minister will appoint senior-level professionals to a joint working group that will formulate options for cooperation in the areas identified by the ministers, it said.

The intention is to hold an in-person meeting of the ministers in the coming months at ‘Expo 2020’ in Dubai, the statement said.

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