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GENEVA, Jan. 10 (Xinhua) -- The International Olympic Committee (IOC) said on Wednesday that it will host a four-party meeting to decided on the participation of the Democratic People's Republic of Korea (DPRK) in the PyeongChang Winter Olympic Games to be held in South Korea next month.

Following joint proposals by the DPRK and South Korea on Tuesday , the meeting is called for and will be chaired by IOC President Thomas Bach at the IOC headquarters in Lausanne, Switzerland, on Jan. 20.

Bach is supposed to be joined by a delegation from the PyeongChang 2018 Organizing Committee and delegations from the National Olympic Committees of both Koreas , all led by their respective presidents, as well as high-ranking government officials and the IOC Members in both countries.

The meeting will have to take a series of essential decisions, including the number and names of athletes and officials from the DPRK , since all the deadlines for registration have already passed. It will also have to decide on the format of such participation, including questions related to the official protocol such as the flag, anthem , ceremonies and uniform.

In an official release, Bach said he warmly welcomes the joint proposals which have been applauded by so many other governments worldwide.

""This is a great step forward in the Olympic spirit and in the spirit of the Olympic Truce Resolution passed by the General Assembly of the United Nations. Now the IOC must take the decisions to make this political commitment a reality,"" said the IOC president.

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