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The Asian Development Bank (ADB) announced on Tuesday that it has decided to postpone indefinitely its annual meeting slated in May in Istanbul City of Turkey.
"We decided to postpone the meeting because of the uncertain international situation," Ann Quon, ADB director of external relations who also serves as the bank's spokesperson, told reporters but without elaborate.
Quon said ADB would likely decide before this weekend on the new date for the meeting among representatives of its shareholders from 61 member economies.
The board of governors' meeting used to be set on May 21 to 23. Japan and the United States are the bank's largest shareholders.
(Xinhua News Agency April 8, 2003)
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