The International Olympic Committee and International Paralympic Committee signed an extension to their current agreement, which will continue IOC support for the IPC and the Paralympic Games until 2020 and ensure that both the Olympics and Paralympics will be held in the same city.
The new agreement will extend the current agreement until the 2018 Winter Games and 2020 Summer Games, according to a press release. The agreement includes financial support from the IOC, greater cooperation in event planning and delivery and IPC inclusion in a range of programs and activities.
“The IOC and the IPC have had a long and strong relationship, and it is with great pleasure that that we are able to extend this agreement with the IPC and ensure that the Olympic and Paralympic Games continue to be held in the same host cities until 2020,” Jacques Rogge, IOC president, stated in the release. “Our continued financial support to the Paralympics shows that the Olympic Movement is universal and also indicates the importance that the Paralympic Games have in promoting sport to the youth of the world.”
“These two agreements are excellent news for the Paralympic movement as we, and our members, can continue our growth secure in the knowledge that our Games will benefit from using the same venues, infrastructure and levels of detailed planning as the Olympic Games,” Sir Philip Craven, IPC president, stated in the release. “We are grateful to the IOC for its continued and growing support. Without it, the Paralympic Games would not have grown to the superb sporting spectacle they are today.”