14 Jun 2016
The International Olympic Committee (IOC) and the International Paralympic Committee (IPC) today signed a Memorandum of Understanding outlining the principles for a new long-term agreement between the organisations.
Under this new agreement, the IOC and IPC will cooperate with the aim of:
• Increasing the visibility of the Paralympic Games and enhance the Paralympic brand;
• Deepening existing cooperation, specifically on the implementation of Olympic Agenda 2020, the strategic roadmap for the future of the Olympic Movement;
• Ensuring the financial stability and long-term viability of the IPC, the Paralympic Games and the Paralympic Movement.
The new agreement would run through 2032 and will build on the current partnerships and cooperation agreements that were signed prior to the London 2012 Olympic and Paralympic Games.
“This agreement is an important milestone in the implementation of Olympic Agenda 2020,” said IOC President Thomas Bach. “The IOC and IPC share the same goal of making the world a better place through sport, and I look forward to our two organisations working closely together to achieve this. The IPC’s focus on sport for all and on high-level performance will enable it to reach more and more people around the world, and to ensure the organisation's long-term success.”
IPC President Sir Philip Craven said: “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. The IOC is the IPC’s number one strategic partner, and we are grateful to President Bach and the Olympic Movement for their continued support. 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 International Olympic Committee is a not-for-profit independent international organisation made up of volunteers, which is committed to building a better world through sport. It redistributes more than 90 per cent of its income to the wider sporting movement, which means that every day the equivalent of USD 3.25 million goes to help athletes and sports organisations at all levels around the world.
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