From correspondents in New York, United States, 07:30 AM IST

The UN General Assembly decided Friday to postpone a much publicised summit on the world financial and economic crisis because several government leaders could not attend.

The decision to postpone the June 1-3 'summit of world leaders' on the global recession was also due to the conflict with other important events in the world taking place simultaneously in the early part of June, said Enrique Yeves, the spokesman of assembly president Miguel d'Escoto Brockmann.

Yeves said there was not enough time also to complete negotiations on an outcome document to conclude the three-day summit.

It was proposed that the summit takes place in late June, a decision that the 192-nation assembly planned to take, Yeves said.

(Staff Writer, © IANS)