Q. Discuss the significance of the New Quadrilateral Economic forum in the current global geopolitical scenario.
Why the question:
India, Israel, the United Arab Emirates (UAE) and the United States decided to launch a new quadrilateral economic forum through a virtual meet.
Key Demand of the question:
To have an understanding of the New Quadrilateral Economic forum.
Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.
Structure of the answer:
Begin the answer by mentioning about the Abraham Accords that has led to the formation of the New Quadrilateral Economic forum.
Give an account of various aspects as a consequence of the forum such as scope for major infrastructure projects, improving trade, transportation, technology, combating climate change, energy cooperation, and increasing maritime security in the West Asian and Asian region.
Conclude by stating that the accord is of high significance in order to resume long-pending negotiations among the signing parties and also synergise the efforts of the countries.