The annual meeting of the World Economic Forum will be relocated from Switzerland to Singapore due to COVID-19 concerns in Europe, the organizers said on Dec. 7.
The annual meeting of the World Economic Forum (WEF) will be relocated from Switzerland to Singapore due to COVID-19 concerns in Europe, the organizers said on Dec. 7.
The annual meeting will be held from May 13 to 16 in 2021 in Singapore and will return to its usual venue in Davos-Klosters, Switzerland for 2022, the organizers said.
“After careful consideration, and in light of the current situation with regards to COVID-19 cases, it was decided that Singapore was best placed to hold the meeting,” the organizers said in a statement.
The Southeast Asian financial hub has reported a relatively low number of cases and said that its COVID-19 safety measures for the in-person meeting could include testing upon arrival of attendees and contact tracing.
“Despite the ongoing pandemic, we are confident that Singapore will be able to continue maintaining public health and safety while supporting the WEF’s mission to effect positive change through collaboration and engagement,” Singapore’s Trade Minister Chan Chun Sing said.
Sing also said that the meeting would also include a virtual component for greater participation due to travel restrictions brought by the pandemic.
“The Special Annual Meeting 2021 will be a place for leaders from business, government and civil society to meet in person for the first time since the start of the global pandemic. Public-private cooperation is needed more than ever to rebuild trust and address the fault lines that emerged in 2020,” WEF Founder and Executive Chairman Klaus Schwab said in a statement.
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