Asian Development Bank meeting in Korea this yearKorea will host this year’s annual meeting of the Asian Development Bank (ADB) in May, Seoul’s Finance Ministry said Thursday.
The 53rd ADB meeting will be held on May 2 to May 5 in Songdo, near Incheon International Airport, the ministry said in a statement.
Korea’s Finance Minister Hong Nam-ki will chair this year’s ADB meeting.
About 5,000 officials, including finance ministers and central bank chiefs from 68 member countries, are expected to attend the four-day meeting, according to the ministry.
The ADB will begin receiving registrations for the meeting from Monday, it added.
On the sidelines of the meeting, Korea will show off K-pop culture and Korean foods, according to the ministry.
More in Finance
Stocks drop almost 1% as investors question valuations
Debt maturity and credit card fees delayed for Chuseok
NH and K bank will pay you to open a stock trading account
Banks failed to tell borrowers they can demand rate cuts: FSS report
Stocks fall more than 1% as profit-taking continues