It will be the second change of locations since the beginning of the forum’s holding. Since 1971, the event took place annually at the Swiss Davos-Klosters resort and it has an informal name Davos. The leaders will meet on May 13-16, 2021, in Singapore.
The organizers assured that in 2022 the forum will return to its traditional place in Switzerland. However, today, considering the epidemic situation in Europe, it is dangerous to hold the forum in Switzerland.
The forum was already transferred in October from the location in the Alps to central Switzerland.
Singapore has already reported that all necessary safety measures would be assumed, particularly, testing during the arrival, periodic tests for antigens, and tracking of guests’ contacts.
“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 trade minister Chan Chun Sing said.
World Economic Forum is an international non-governmental organization that bases in Geneva. Its activity aims for the development of international cooperation. It was established in 1970. The members of the forum are over 1,000 large companies and governmental organizations from different world countries. Annually, the meeting takes place in Davos.
President Zelensky presented Ukraine at the 2020 World Economic Forum. The main topic of Davos Forum 2020 was stakeholder capitalism.