On Friday, the World Economic Forum has announced that for May 22-26, the Davos summit will be held in person for the first time during the COVID-19 pandemic.
Annual meetings of the world’s political, economic, and business elite are held in Davos, a resort in the Swiss Alps, in January. However, the forum did not take place in 2020’s January despite repeated postponements along with a proposed one-off shift to Singapore.
The WEF founder Klaus Schwab said, “After all the virtual meetings taking place in the last two years, leaders from politics, business, and civil society have to convene finally in person again. We need to establish the atmosphere of trust that is truly needed to accelerate collaborative action and to address the multiple challenges we face”.
The WEF also said that the gathering will be held under the theme of “Working Together, Restoring Trust”. Leaders will have an opportunity to take stock of the global situation and outline policies for the coming period.
During the online series of round-table events this week, the world and business leaders have shared their views on the global economic outlook.