I2U2 Summit : UAE to invest 2 billion dollars to develop Integrated Food Parks in India

  • The leaders of India, Israel, the UAE and the US have said that the inaugural I2U2 summit was focused on the food security crisis and clean energy.
  • In a joint statement, I2U2 leaders said, innovative ways were discussed to ensure long-term, more diverse food production & food delivery systems that can better manage the global food shock.
  • The UAE has announced an investment of $2 billion to develop a series of integrated food parks across India.
  • These parks will incorporate cutting-edge climate-smart technologies to reduce food waste and spoilage, conserve fresh water and employ renewable energy sources. India will provide suitable land for the project and facilitate integration of farmers in food parks.
  • Private sectors from the US and Israel will be invited to lend their expertise and provide innovative solutions that contribute to the overall sustainability of the project. These investments will help maximize crop yields and tackle food insecurity in South Asia and the Middle East.

Qns : Which countries was the 12U2 Summit held?

Ans : The leaders of India, Israel, the UAE and the US have said that the inaugural I2U2 summit was focused on the food security crisis and clean energy.

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