Narendra Modi and Joe Biden to Discuss Trade and InvestmentTop Stories

July 13, 2022 17:30
Narendra Modi and Joe Biden to Discuss Trade and Investment

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Indian Prime Minister Narendra Modi shares a great bonding with the US President Joe Biden. The duo met several times to discuss about strengthening the bonding and relations between the nations. Narendra Modi will virtually participate in I2U2 Summit tomorrow along with Joe Biden. UAE President Mohammed bin Zayed Al Nahyan and Israel Prime Minister Yair Lapid will be present for the meeting. Various economic projects related to trade and investment will be discussed. It was conceptualized during the meeting of the Foreign Ministers of the four nations in the year October 2021. The I2U2 will discus about the cooperation among the nations told the Ministry of External Affairs.

The group will work on unique capabilities among the nations and their collaborations to work closely together told USA in a statement. There would be lot of joint and long-term projects and the leaders will discuss about how to strengthen the economic partnership. There would be discussions about the post-Covid supply chain disruption and about the rise in the inflation because of the war in Ukraine. USA President Joe Biden will host the first ever I2U2 summit during his visit to Israel. I2 stands for India and Israel. U2 stands for United States and United Arab Emirates. Joe Biden is expected to be in Saudi Arabia during his Middle East trip.

By Siva Kumar

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Narendra Modi  Joe Biden  I2U2 Summit