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The decision was made at an extraordinary session of the IOC, taking place in Monte Carlo.
New regulations against discrimination are among the Olympic Agenda 2020 recommendations put forward by IOC president Thomas Bach to modernize the Olympic Movement.
The policy will be part of Principle 6 of the Olympic Charter and will also be included in the host city contract between the IOC and future Olympic Games hosts.
The new clause says the Olympics should be free of discrimination “of any kind, such as race, color, sex, sexual orientation, language, religion, political or other opinion, national or social origin, property, birth or other status.”