New NABARD Grade A 2024 Results out!! Register here for a free live workshop on Feb 26, 2025 at 5 PM. Only on Zoom.

    Question

    Which of the following countries are members of I2U2

    grouping recently seen in the news? I. India II. Israel III. Australia IV. Japan Select the correct answer using the code given below:
    A I and II only Correct Answer Incorrect Answer
    B I, II and IV only Correct Answer Incorrect Answer
    C I, III and IV only Correct Answer Incorrect Answer
    D II, III and III only Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The first-ever I2U2 Virtual Summit was held comprising India, Israel, the UAE, and US. I2U2 stands for India, Israel, the UAE, and the US, and was also referred to as the ‘West Asian Quad’. The group was first conceptualized in October 2021, during a meeting of the foreign ministers of the four countries in Israel. At that time, the grouping was called the ‘International Forum for Economic Cooperation’. Aim -: 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. The aim is to encourage joint investments in –: Water, Energy, Transportation, Space, Health, and Food security.

    Practice Next

    Relevant for Exams: