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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
