On Tuesday, the International Olympic Committee (IOC) and the International Paralympic Committee (IPC) agreed in principle to the extension of agreements that detail the cooperation between the organizations.
The IOC and the IPC are the organizing bodies for the Olympic and Paralympic Games, which have been hosted in sync since 1988.
A co-operation agreement between the two was first signed in 2001 to cement the practice of “one bid, one city” which has obliged all host cities since 2012 to stage the Paralympic games in the weeks after the Olympic Games.
The Memorandum of Understanding signed Tuesday is a precursor to an agreement which would see the IOC and IPC co-operate with the aim of:
- Increasing the visibility of the Paralympic Games and enhancing the Paralympic brand;
- Deepening existing co-operation, specifically on the implementation of Olympic Agenda 2020, the strategic roadmap of the future for the Olympic Movement
- Ensuring the financial stability and long-term viability of the IPC, the Paralympic Games and the Paralympic Movement.
“I am delighted that the IPC and IOC have agreed on the principles and vision behind a new long-term agreement that will further strengthen and support the Paralympic Movement in the years to come,” said IPC President Sir Philip Craven.
“We will now work together over the coming weeks and months to finalise the agreement which will take our partnership into a fourth decade and make the Paralympic Movement more self-sustainable.”
The new agreement would run through 2032.