India on Tuesday lost the hosting rights of the 2021 men's world boxing championship to Serbia after the national federation failed to pay the host fee, prompting the International Boxing Association (AIBA) to terminate the agreement signed in 2017. The elite competition, which would have happened for the first time in the country, will now be held in the Serbian city of Belgrade.

from Times of India https://timesofindia.indiatimes.com/sports/boxing/india-lose-hosting-rights-of-2021-mens-world-boxing-championships/articleshow/75433498.cms