Expanding Regional Financial Integration by means of I2U2’s Enterprise-to-Enterprise Cooperation
Underneath Secretary of State for Financial Growth, Strength, and the Setting Jose W. Fernandez participated in I2U2 (Israel, India, the UAE, and the United States) initiative’s inaugural organization discussion board, hosted in Abu Dhabi by UAE Minister of Condition H.E. Ahmed bin Ali Al Sayegh on February 22, 2023. The discussion board convened senior authorities officers, together with Director Normal of Israel’s Ministry of Foreign Affairs Ronen Levi and the Economic Relations Secretary of India’s Ministry of Exterior Affairs Dammu Ravi, with enterprise leaders and other private-sector stakeholders to spearhead organization-to-business enterprise cooperation. Less than Secretary Fernandez also met with senior Emirati officials to focus on cooperation on local climate and clean up electrical power action, food security, and other shared economic priorities – notably in advance of the UAE web hosting COP28 in November 2023.
During the company forum, I2U2 management mentioned options to advance multi-regional cooperation and investment prospects to handle some of the regions’ most pressing troubles, such as administration of the vitality disaster and food stuff insecurity. Community and non-public-sector reps gathered to strategize on how to best boost prosperity throughout the region. Our dedication to conquer collective troubles and deepen coordination with I2U2 proceeds to provide as a regional design to aid investments and initiatives to make improvements to sustainability and resilience in vital sectors.
Via I2U2, the United States and associate nations continue on to understand tangible outcomes from collaboration in spots of foodstuff and water protection, strength, house, transportation, health, and know-how – including guidance for clear technological innovation and the decarbonization industry, as exemplified by way of India’s becoming a member of of the Agriculture Innovation Mission for Local weather (Aim4C) initiative, which improves the partnership to 43 governments and more than 275 whole partners who are working to collectively progress Intention4C’s mission.
Discover aspects about India becoming a member of the Intention4C initiative, on the margins of the I2U2 Small business Forum, can be located, in this article. Discover far more about I2U2 in Underneath Secretary Fernandez’s remarks, right here.
To keep updated, observe Below Secretary Fernandez on Twitter: @Condition_E, Facebook: @StateDeptE, and LinkedIn: @Point out-E.
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