The UN General Assembly will meet early next week to consider postponing a high-level gathering scheduled to assess the global economic crisis as delegates were yet to agree on a draft document and needed more time to negotiate.
The United Nations Conference on the World Financial and Economic Crisis and Its Impact on Development was originally slated to be held from June 1-3 to assess the meltdown which has devastated global economy and search for solutions taking all nations' interests into account.
An Assembly plenary on May 26 will deliberate on whether to push back the high-level gathering to June 24-26 as delegates were still negotiating the draft document to be adopted.
"Delegates have expressed concern that they require more time to negotiate the draft outcome document that is to be adopted by world leaders," an assembly statement noted, adding that the President has consulted all major regional groups in recent days on the meeting's possible three-week deferral.