The International Olympic Committee, in Lausanne, Switzerland, is set to vote in the next couple of hours on South Korea's bid to host the 2024 Winter Youth Olympic Games.
We have our Kan Hyeong-woo at the SwissTech Convention Center where the IOC session is taking place.
Hyeong-woo, what's the latest?
Aram, so it's just passing 11:15 AM here in Lausanne, and the South Korean delegation is getting ready to make their final presentation to the IOC in its bid to host the 2024 Winter Youth Olympic Games.
The South Korean delegation includes 6 people Culture Minister Park Yang-woo, Governor of Gangwon-do Province Choi Moon-soon and figure skater Cha Jun-hwan.
After their 15-minute presentation and a brief Q-and-A session, the IOC members will vote on Korea's proposal.
The result is going to be revealed just minutes after the voting.
I talked to some people from the South Korean delegation, and it seems the chances are quite high that Gangwon-do Province will be able to host the 2024 Winter Youth Olympic Games.
The first two Winter Youth Games were held in Austria and Norwayand this year's Games are currently taking place in Switzerland.
So If Gangwon-do Province can pull it off today, that would make South Korea the first country outside of Europe to do so.
It would be quite an accomplishment for Korea. But Hyeong-woo, are they any other candidates hoping to host the 2024 Winter Youth Games?
Not at the moment, Aram. So the Future Host Commission for the Olympic Winter Games received interest from Russia, Bulgaria and Romania. But sources have told me that after a thorough evaluation the Future Commission approached Gangwon-do Province and the Korean government instead of those three countries.
Thanks to the huge success of the 2018 PyeongChang Winter Olympic Games, the IOC decided to enter what they call a "targeted dialogue" with South Korea.
So last year, the Future Commission has conducted a series of meetings and received relevant documents from Gangwon-do Province and the Korean government.
The Commission saw a solid technical plan by South Korea building on the legacy of the 2018 PyeongChang Winter Games that is to continue the peace process on the Korean Peninsula.
The IOC said Korea's long-term goals also emphasize affordability and sustainabilitymaking maximum use of the existing facilities in the region.
That's all from me for now, but I will be back with the result of the vote in our next newscast.