diff --git a/lib/WebpackOptionsApply.js b/lib/WebpackOptionsApply.js
index fc50a472519..c6d59400001 100644
--- a/lib/WebpackOptionsApply.js
+++ b/lib/WebpackOptionsApply.js
@@ -35,6 +35,7 @@ const ResolverCachePlugin = require("./cache/ResolverCachePlugin");
 
 const CommonJsPlugin = require("./dependencies/CommonJsPlugin");
 const HarmonyModulesPlugin = require("./dependencies/HarmonyModulesPlugin");
+const ImportMetaContextPlugin = require("./dependencies/ImportMetaContextPlugin");
 const ImportMetaPlugin = require("./dependencies/ImportMetaPlugin");
 const ImportPlugin = require("./dependencies/ImportPlugin");
 const LoaderPlugin = require("./dependencies/LoaderPlugin");
@@ -361,6 +362,7 @@ class WebpackOptionsApply extends OptionsApply {
 		new RequireEnsurePlugin().apply(compiler);
 		new RequireContextPlugin().apply(compiler);
 		new ImportPlugin().apply(compiler);
+		new ImportMetaContextPlugin().apply(compiler);
 		new SystemPlugin().apply(compiler);
 		new ImportMetaPlugin().apply(compiler);
 		new URLPlugin().apply(compiler);
diff --git a/lib/dependencies/ImportMetaContextPlugin.js b/lib/dependencies/ImportMetaContextPlugin.js
new file mode 100644
index 00000000000..1d7d7ce8156
--- /dev/null
+++ b/lib/dependencies/ImportMetaContextPlugin.js
@@ -0,0 +1,59 @@
+/*
+	MIT License http://www.opensource.org/licenses/mit-license.php
+	Author Ivan Kopeykin @vankop
+*/
+
+"use strict";
+
+const ContextElementDependency = require("./ContextElementDependency");
+const ImportMetaContextDependency = require("./ImportMetaContextDependency");
+const ImportMetaContextDependencyParserPlugin = require("./ImportMetaContextDependencyParserPlugin");
+
+/** @typedef {import("../../declarations/WebpackOptions").ResolveOptions} ResolveOptions */
+/** @typedef {import("../Compiler")} Compiler */
+
+class ImportMetaContextPlugin {
+	/**
+	 * Apply the plugin
+	 * @param {Compiler} compiler the compiler instance
+	 * @returns {void}
+	 */
+	apply(compiler) {
+		compiler.hooks.compilation.tap(
+			"RequireContextPlugin",
+			(compilation, { contextModuleFactory, normalModuleFactory }) => {
+				compilation.dependencyFactories.set(
+					ImportMetaContextDependency,
+					contextModuleFactory
+				);
+				compilation.dependencyTemplates.set(
+					ImportMetaContextDependency,
+					new ImportMetaContextDependency.Template()
+				);
+				compilation.dependencyFactories.set(
+					ContextElementDependency,
+					normalModuleFactory
+				);
+
+				const handler = (parser, parserOptions) => {
+					if (
+						parserOptions.importMetaContext !== undefined &&
+						!parserOptions.importMetaContext
+					)
+						return;
+
+					new ImportMetaContextDependencyParserPlugin().apply(parser);
+				};
+
+				normalModuleFactory.hooks.parser
+					.for("javascript/auto")
+					.tap("ImportMetaContextPlugin", handler);
+				normalModuleFactory.hooks.parser
+					.for("javascript/esm")
+					.tap("ImportMetaContextPlugin", handler);
+			}
+		);
+	}
+}
+
+module.exports = ImportMetaContextPlugin;
diff --git a/lib/dependencies/RequireContextPlugin.js b/lib/dependencies/RequireContextPlugin.js
index 782a076a4c7..d34c85e452a 100644
--- a/lib/dependencies/RequireContextPlugin.js
+++ b/lib/dependencies/RequireContextPlugin.js
@@ -7,8 +7,6 @@
 
 const { cachedSetProperty } = require("../util/cleverMerge");
 const ContextElementDependency = require("./ContextElementDependency");
-const ImportMetaContextDependency = require("./ImportMetaContextDependency");
-const ImportMetaContextDependencyParserPlugin = require("./ImportMetaContextDependencyParserPlugin");
 const RequireContextDependency = require("./RequireContextDependency");
 const RequireContextDependencyParserPlugin = require("./RequireContextDependencyParserPlugin");
 
@@ -36,14 +34,6 @@ class RequireContextPlugin {
 					RequireContextDependency,
 					new RequireContextDependency.Template()
 				);
-				compilation.dependencyFactories.set(
-					ImportMetaContextDependency,
-					contextModuleFactory
-				);
-				compilation.dependencyTemplates.set(
-					ImportMetaContextDependency,
-					new ImportMetaContextDependency.Template()
-				);
 
 				compilation.dependencyFactories.set(
 					ContextElementDependency,
@@ -60,16 +50,6 @@ class RequireContextPlugin {
 					new RequireContextDependencyParserPlugin().apply(parser);
 				};
 
-				const handlerImportMeta = (parser, parserOptions) => {
-					new ImportMetaContextDependencyParserPlugin().apply(parser);
-				};
-
-				normalModuleFactory.hooks.parser
-					.for("javascript/auto")
-					.tap("RequireContextPlugin", handlerImportMeta);
-				normalModuleFactory.hooks.parser
-					.for("javascript/esm")
-					.tap("RequireContextPlugin", handlerImportMeta);
 				normalModuleFactory.hooks.parser
 					.for("javascript/auto")
 					.tap("RequireContextPlugin", handler);
diff --git a/test/cases/chunks/context-weak/index.js b/test/cases/chunks/context-weak/index.js
index a3f34d8d18a..e4f711141f5 100644
--- a/test/cases/chunks/context-weak/index.js
+++ b/test/cases/chunks/context-weak/index.js
@@ -1,4 +1,11 @@
 it("should not bundle context requires with asyncMode === 'weak'", function() {
+	var contextRequire = require.context(".", false, /two/, "weak");
+	expect(function() {
+		contextRequire("./two")
+	}).toThrowError(/not available/);
+});
+
+it("should not bundle context requires with asyncMode === 'weak' using import.meta.webpackContext", function() {
 	const contextRequire = import.meta.webpackContext(".", {
 		recursive: false,
 		regExp: /two/,
@@ -10,13 +17,13 @@ it("should not bundle context requires with asyncMode === 'weak'", function() {
 });
 
 it("should find module with asyncMode === 'weak' when required elsewhere", function() {
-	const contextRequire = require.context(".", false, /.+/, "weak");
+	var contextRequire = require.context(".", false, /.+/, "weak");
 	expect(contextRequire("./three")).toBe(3);
 	require("./three"); // in a real app would be served as a separate chunk
 });
 
 it("should find module with asyncMode === 'weak' when required elsewhere (recursive)", function() {
-	const contextRequire = require.context(".", true, /.+/, "weak");
+	var contextRequire = require.context(".", true, /.+/, "weak");
 	expect(contextRequire("./dir/four")).toBe(4);
 	require("./dir/four"); // in a real app would be served as a separate chunk
 });