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The IOC re- elected IOC President Jacques Rogge for a four- year term at the close of the 121st Session in October. After thanking the IOC members for their continued support, Rogge outlined an ambitious second- term agenda to strengthen and improve the Olympic Movement. Rogge said one of his top priorities is to implement the recommendations of the recently completed XIII Congress. He also emphasised the importance of the Youth Olympic Games, which will debut in Singapore in August, followed by the Youth Olympic Winter Games in Innsbruck in 2012. " We will take this initiative from infancy to maturity and leave a lasting legacy for the world's youth," he said. " We will safeguard and strengthen our assets, and improve our framework for sharing revenues. We will continue to support NOCs and the IFs, and we will defend the autonomy of sport wherever it is threatened. " We will be staunch allies for athletes. We will continue to lead the fight against doping, and we will establish a new independent monitoring body to combat irregular betting and match fixing. We will narrow the gap in sport between the developed and the developing worlds, and between men and women. " We will redouble our efforts to place sport at the service of mankind - to inspire young and old alike; to give athletes the opportunity to lead by example; and promote the Olympic values." Rogge, who was first elected at the 112th IOC Session in Moscow in 2001, is the eighth IOC President. The IOC has undertaken a series of reforms during his tenure to improve IOC governance and maintain the Games as the world's premier sporting event. The changes include a more structured system to routinely review and refresh the Olympic sports programme; improvements in judging and refereeing; an aggressive anti- doping programme; and steps to restrain the size and cost of the Games. The IOC has quadrupled its financial reserves during Rogge's term - from $ 105 million in 2001 to well over $ 400 million today - while distributing record revenues to IFs, NOCs and the Olympic Solidarity programme. Other initiatives have sought to spread the Olympic values through programmes in the fields of education, culture, women's advancement, the environment and Sport for All. The IOC adopted the UN's Millennium Development Goals and the environmental goals of Agenda 21, and forged closer ties with theUN to support the Olympic Truce, development through sport, education, humanitarian aid and health protection around the world. The IOC, represented by Mario Pescante and Anita DeFrantz, has been granted observer status by the United Nations ( UN) General Assembly in New York City. This decision pays tribute to the IOC's efforts to contribute to the achievement of the UN Millennium Development Goals. By using sport as a tool, the IOC and its partners implement various activities across the globe in fields such as humanitarian assistance, peace- building, education, gender equality, environment and the fight against HIV/ AIDS. The IOC now has the possibility of attending all UN General Assembly meetings where it can take the floor and thus promote sport at a new level. The list of UN observers is exclusive and features states and intergovernmental organisations as well as independent and non- governmental bodies, like the International Committee of the Red Cross for instance. " This is huge recognition of the role sport can play in contributing to a better and peaceful world," said IOC President Jacques Rogge. LeftIOC Vice- President Mario Pescante and UN Secretary- General Ban Ki- moon TOPPARTNERS SIGNNEWDEALS IOCRE- ELECTSPRESIDENT JACQUESROGGE IOCMADEUNOBSERVER The IOC announced extensions to its current partnerships with Omega and Visa through to 2020, including the XXII Olympic Winter Games ( 2014) in Sochi, Russia, the Games of the XXXI Olympiad ( 2016), the XXIII Olympic Winter Games ( 2018) and the Games of the XXXII Olympiad ( 2020). The Omega announcement, made at The Olympic Museum in Lausanne, Switzerland, means Omega will continue as the Official Timekeeper of the Olympic Games, bringing its relationship with the Olympic Movement to a total of 29 Olympic Games. IOC President Jacques Rogge welcomed Omega's commitment to the Olympic Movement: " Omega's devotion to the development of sports timekeeping, its commitment to athletes and its dedication to the Olympic Movement are a source of enormous confidence for the IOC and the organisers of the Olympic Games." The Visa announcement was made at a signing ceremony held in Moscow, Russia, which was attended by: Jacques Rogge, IOC President; Rupert Keeley, Group President, Visa Inc.; and Dmitry Chernyshenko, President and CEO of Sochi 2014. In 1986, Visa became one of the founding members of the Worldwide TOP Partner programme. The announcement means Visa will continue as the exclusive payment services sponsor for the Olympic Games and the only card accepted through to 2020. IOC President Jacques Rogge said: " Our partnership with Visa demonstrates a shared commitment - to the future of youth and sport, to the future of the Olympic Games and to the strengthening of the Olympic ideals and values we respect. On behalf of the IOC, the 205 National Olympic Committees around the world, and the athletes themselves, I would like to thank Visa, its clients and partners for their commitment through to the 2020 Olympic Games." OLYMPIC REVIEW9