Recently, the first meeting of the foreign ministers of India, the US, Israel and the United Arab Emirates (UAE) was held virtually.
During the meeting, the four countries decided to launch a new quadrilateral economic forum (Quad).
About the New Quad
The forum is being described as an international platform for economic cooperation. The new quad builds on ongoing cooperation between the U.S., Israel and the UAE (after the Abraham Accords) and India.
Objective
The objective of the new grouping is to establish an international forum for economic cooperation. The grouping will specifically look for the “possibilities for joint infrastructure projects” ....