New Delhi: The World Economic Forum on Monday cancelled its Special Annual Meeting in Singapore which was to take place just three months from now.
The next Annual Meeting will instead take place in the first half of 2022, WEF said in a statement.
Final location and date will be determined based on an assessment of the situation later this summer.
“Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination rollout and the uncertainty around new variants combine to make it impossible to realise a global meeting with business, government and civil society leaders from all over the world at the scale which was planned,” the Geneva-based forum said.
Klaus Schwab, WEF founder and Executive Chairman, said, “It was a difficult decision, particularly in view of the great interest of our partners to come together not just virtually but in person, and to contribute to a more resilient, more inclusive and more sustainable world,” said But ultimately the health and safety of everyone concerned is our highest priority.”