Indian Prime Minister participated in the first I2U2 Leaders' Summit.
The I2U2 group is being projected as the QUAD grouping for West Asia.
The grouping was proposed with the aim of encouraging investments in six mutually identified areas including water, food security, energy, health, transportation and space.
An agricultural park project worth USD 2 billion was announced during the Summit.
The project will be partly funded by the UAE with support from US private sector and technical expertise will be provided by Israel.