Cementing a new four nation arrangement that is being spoken of as yetanother “Quad”, this time in the West Asia, the United States, India,Israel and the United Arab Emirates (UAE) Have agreed to establish a forumfor economic cooperation.
During a virtual meeting on Tuesday , the foreign minister of fourcountries discussed possibilities for joint infrastructure projects in thefields of transportation, technology, maritime security, and economics andtrade.
Jaishankar, who is currently on a five-day visit to Israel, was accompaniedby his Israeli counterpart Yair Lapid, during the virtual meeting onMonday. US Secretary of State Antony Blinken and UAE foreign ministerSheikh Abdullah bin Zayed Al Nahyan participated in the meeting virtually.
“The ministers decided to establish an international forum for economiccooperation.” said a statement issued by the Israeli Foreign Minister afterthe meeting.
It said the four ministers held a discussion on possibilities for jointinfrastructure projects in the fields of transportation, technology,maritime security and economics and trade, as well as for additional jointprojects.
The new arrangement has been formed at a time when china has been expandingits infrastructure projects form Asia to Europe to Africa.
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At the end of the conversation, it was decided that each minister willappoint senior-level professionals to a joint working group that willformulate options for cooperation in the areas identified by the ministers,the statement said.
The intention is to hold an in-person meeting of the ministers in thecoming months at Expo 2020 in Dubai, the statement said.
Jaishankar described the meeting as fruitful and said they discussedworking together more closely on economic growth and global issues.
