“Boao Forum for Asia” Annual Conference 2021

What is the News?

The opening ceremony of the Boao Forum for Asia Annual Conference 2021 was held in Boao, China.

Boao  Forum for Asia -Annual Conference 2021:

• More than 2,600 guests from over 60 countries and region attended the conference.
• Theme: “A World in Change: Join Hands to Strengthen Global Governance and Advance Belt and Road Cooperation.”

Boao Forum for Asia(BFA):

• Boao Forum for Asia(BFA) is a non-profit international organization founded in the year 2001.
• Purpose: The Forum is committed to promoting regional economic integration in Asia. It also aims at bringing Asian countries even closer to their development goals.
• Members: 29 participant countries including India. Other countries include China, Australia, Japan, Indonesia, Bangladesh, Iran, Nepal among others.
• Annual Conference: BFA holds its annual conference in Boao in Hainan, China on a regular basis.
• Significance: Boao Forum is modelled after the World Economic Forum held annually in Davos, Switzerland. So it also called Davos of the East.
• Headquarters: China.

Source: Livemint