Biden talks joint investment with Israel, India, UAE

US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks to counter the global reach of China.

The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president, with leaders from India and the UAE joining remotely.

During the summit the UAE announced it would invest 2 million euros (dollars) in agricultural projects in India, which will supply the land.

Private firms from Israel and the US will be invited to also finance the scheme.