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UAE – I2U2 Summit to unveil $2-bn initiative to secure the world food


The UAE has pledged to invest $2 billion to develop integrated food complexes in India to address food insecurity in South Asia and the Middle East.

According to a joint statement issued Thursday at the summit of leaders from the I2U2 group, which groups the UAE, India, the United States and Israel, the complexes will use advanced climate technology to maximize crop yields.

“Private sector institutions in the United States and Israel will be invited to offer their expertise and innovative solutions that contribute to the sustainability of the projects”, the statement said.

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