Context: External Affairs Minister takes part in new quadrilateral with Israel, UAE and U.S.More about news:
It is a new grouping that builds on ongoing cooperation between the U.S.-Israel-UAE after the Abraham Accords last year that saw UAE and Israel establish diplomatic ties.
The Secretary and the Foreign Ministers discussed expanding economic and political cooperation in the Middle East and Asia, including through trade, combating climate change, energy cooperation, and increasing maritime security.
International Federation of Indo-Israel Chambers of Commerce (IFIIC) has predicted that the potential for agreements backed by Israeli innovation, UAE funding and Indian manufacturing, given India’s close ties and strategic partnership with the two other countries could cross $100 billion by 2030.
Neither the quadrilateral meeting, nor the trilateral meeting discussed the issue of Palestine and resuming the “Middle east peace process”.
