India News Updates: The I2U2 group of India, Israel, the United Arab Emirates and the United States have introduced a brand new joint house enterprise which goals to create a “unique space-based tool” for policymakers, establishments, and entrepreneurs.

“Under the I2U2 group’s focus area of space, the governments of India, Israel, the United Arab Emirates, and the United States, all signatories of the Artemis Accords, announced a new joint space venture on the margins of the United Nations General Assembly in New York,” the US Department of State mentioned in a press release on Friday.

“Primarily using the space-based observation data and capabilities of the four I2U2 partner countries, this project aims to create a unique space-based tool for policymakers, institutions, and entrepreneurs, enabling their work on environmental and climate change challenges and furthering our cooperation in the applications of space data for the greater good of humanity,” it mentioned.

Grounded within the Outer Space Treaty of 1967 (OST), the Artemis Accords are a non-binding set of ideas designed to information civil house exploration and use within the twenty first century. It is an American-led effort to return people to the moon by 2025, with the final word aim of increasing house exploration to Mars and past.

On Thursday, US Under Secretary of State for Economic Growth, Energy, and the Environment Jose Fernandez signed a Memorandum of Understanding with the US-UAE Business Council, the UAE-India Business Council, and the UAE-Israel Business Council to create the I2U2 Private Enterprise Partnership.

The new public-private partnership will “work to increase awareness of the I2U2 initiative in business communities and support projects and other efforts that further the goals of the initiative.”

The signing ceremony included Ministry of External Affairs Secretary Dammu Ravi, Israel’s Ministry of Foreign Affairs Director-General Ronen Levi, and UAE Ministry of Foreign Affairs Minister Ahmed Ali Al Sayegh, as a part of their I2U2 assembly on the margins of the 78th session of the United Nations General Assembly right here. The four-nation grouping additionally launched its web site to boost cooperation between the member nations and partnerships throughout the globe.