North and South Korea set to combine for Tokyo 2020 and co-host 2032 Olympics

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North and South Korea set to combine for Tokyo 2020 and co-host 2032 Olympics

(CNN)North and South Korea are planning to compete as a unified team at the Tokyo Olympics in 2020 and are bidding to co-host the 2032 Summer Games.

Following inter-Korean sports talks Friday the rival nations issued a statement saying they wanted to participate jointly in international competition, starting with a combined team at next year’s men’s handball world championships in Germany.
They will send a letter to the International Olympic Committee (IOC), informing the organization of the two Koreas’ intent to host the Olympics in 14 years’ time. In a statement to CNN Sport, IOC president Thomas Bach said the organization welcomes plans for a joint bid.