The International Olympic Committee agreed Tuesday to award the 2024 and the 2028 Games at the same time, effectively ensuring that the two candidates each will host a games.
Asked whether an accord could by struck by the end of August, Bach told AFP: "I am certainly hoping so because that would allow us to prepare well for the (IOC) session in Lima."
The double award at the IOC session in Lima is conditional on a prior agreement between the two cities and the IOC. If no agreement is reached, then the session will vote on 2024 only.
"Now we are going to talk to the two cities directly. I hope we can make reasonably quick progress. You have seen the reaction of both cities, it was very amiable. If that continues we can reach agreement soon."
French bid co-leader Tony Estanguet said the IOC would lead the talks and would draw up a new hosting contract that would include 2028 as part of the double-hosting award.
"Once we have that it will be easier to negotiate," he told AFP. "But at the same time we are not going to go back on the commitments that have been made by the Paris bid."
Delegations from the two cities -- led by French President Emmanuel Macron and LA Mayor Eric Garcetti -- were in Lausanne making fresh pitches to IOC voters on Tuesday.
Following the decision approving the double award deal, Garcetti and his Parisian counterpart Anne Hidalgo, voiced full confidence in the success of the upcoming talks.
"I now know that I am sitting up here with two mayors, from two cities that will host after Tokyo the next two Olympics," Garcetti said, referring to the 2020 Games in Japan.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
