New Quad for Economic Cooperation of India, Israel, US, UAE has ben launched

 India, the United States, Israel and the UAE have decided to form a forum for future economic cooperation and to explore possibilities of joint infrastructure projects in the fields of Transportation, Technology, Maritime security, Economics, Trade as well as for additional joint projects.

After the Abraham Accords last year, this QUAD grouping had decided to establish an international forum for economic cooperation and discussed possibilities for joint infrastructure projects expanding economic and political cooperation in the Middle East and Asia.