IAAF's council decision will mean that no Russian teams will be able to compete in the upcoming 2019 World Championships hosted by Doha this September.
However, Russian athletes are set to take part in the international tournament under a neutral flag after receiving individual confirmation by IAAF, reports Efe news.
On June 1, the All-Russia Athletic Federation (RusAF) announced it had already paid off its $3.2 million debt to IAAF, which was one of the conditions for RusAF's readmission.
The RusAF president, Dmitry Shlyakhtin, had stated that he believed that the suspension would be lifted during the IAAF's two-day meeting in Monte Carlo on Saturday and Sunday, but the overturning of the suspension did not occur.
A WADA team was already granted access to the lab in January, with the results of those samples' review to be finished on June 31.
Shlyakhtin stressed that he believes Russian athletes will be permitted to compete under their national flag in Doha.
In other news, the IAAF council on Saturday approved a change in the international body's name to "World Athletics." The IAAF also adopted a new logo.
The name change was among the agenda of reforms the IAAF have begun to introduce during the past four years, changing its structures and governing system.
These reforms were introduced in order to adopt a more modern and creative image, so that the international federation can attract new generations to athletics, according to the IAAF president Sebastian Coe.
The new name and logo, however, are pending final approval by the IAAF congress to be held in Doha in October.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)