A White House spokesperson confirmed that finance minister Steven Mnuchin and trade minister Wilbur Ross will not be travelling to Davos. President r had previously said he could not attend WEF’s showcase event that takes place next week.
The pull-out scuppers plans by Switzerland to use the WEF meeting of political and business leaders to revive free trade agreement talks between the two countries that have lain dormant for more than a decade.
WEFExternal link, which runs from January 22-25 this year, has been shorn of several government heads, who have been forced to stay at home to deal with problematic situations in their home countries.
WEF’s Global Risk Report, released on Wednesday, said worsening international relations present a major risk of allowing growing global problems to get out of hand.
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Why Trump’s absence could benefit Davos
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If this year’s World Economic Forum does indeed take place without US President Donald Trump, it won’t matter too much, say some Swiss media.
EU Commission president says Swiss-EU deal is ‘historic’ agreement
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At a joint media conference with Swiss President Viola Amherd in Bern, European Commission President Ursula von der Leyen spoke of a "day of joy".
Switzerland and EU reach deal on future bilateral relations
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Switzerland and the European Union have announced a political agreement to update their trading relationship after almost a decade of difficult talks.
Parliamentary inquiry on Credit Suisse collapse blames mismanagement
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Credit Suisse's years of mismanagement were at the root of its downfall in March 2023, the parliamentary commission of inquiry concluded on Friday.
Cassis and Lavrov discuss the OSCE and the Ukrainian conflict
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Russian and Swiss foreign ministers spoke about Switzerland's bid to chair the OSCE in 2026. They also discussed the Ukrainian conflict.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
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Who’s in the WEF in-crowd?
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Making it on the participants list at the World Economic Forum (WEF) annual meeting is no easy feat. Who made the cut this year?
Brexit worries to keep Theresa May away from Davos
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UK Prime Minister Theresa May, citing domestic concerns, has followed her French and American counterparts by pulling out of this year’s WEF.
Brazilian president chooses WEF for first overseas trip
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The rightwing Bolsonaro will join US President Donald Trump and many other world leaders in Switzerland from January 21-25. The annual showpiece meeting attracts around 3,000 political and business heads plus leaders in the worlds of science, culture, civil society and religion. Bolsonaro made his announcement during his first television interview since taking office on…
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If this year’s World Economic Forum does indeed take place without US President Donald Trump, it won’t matter too much, say some Swiss media.
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If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.