The World Economic Forum (WEF) will hold its 2021 annual meeting in Lucerne-Buergenstock in Switzerland, from May 18 to 21, it said today.

The WEF had announced in August that it would not host the event in the Swiss ski resort of Davos in January as usual due to the coronavirus pandemic.

"The meeting will take place as long as all conditions are in place to guarantee the health and safety of participants and the host community," the WEF said in a statement.