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As the COVID-19 pandemic continues to unravel in various parts of the country, the World Economic Forum has according to a report by news agency PTI has announced the cancellation of its high-profile annual meeting for 2021 after postponing it at least twice along with two changes in venue.
The next annual meeting will now take place in the first half of 2022, while the location and date would be determined after assessing the situation later this summer, said the Geneva-based organisation that has been hosting a yearly congregation of the rich and powerful from across the world in Swiss ski resort town of Davos for 50 years.
This year’s Davos summit was originally scheduled for January 2021, but was later moved to a different location in Switzerland, Lucerne, and then to Singapore with an August 2021 schedule.
The last time the meeting was held outside Davos was in 2002 when it was held in New York City.
