(3)In 2021, the ISC agreed to amend the Agreement and in particular Articles 1, 23, 25, 32, 33 and 34 thereof. The amendments to the Agreement were originally intended to enter into force on 1 January 2024. During its 62nd session, the ISC agreed to prolong the period in which Members could deposit their instrument of acceptance of the amendments until 30 April 2024, while the entry into force of the amended Agreement was postponed to 1 January 2025. During the 64th Session of the ISC, those dates were further postponed to 30 June 2026 and 1 January 2027, respectively. The validity of the Agreement in its current wording therefore needs to be extended.
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