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In 1997, the United States government under Pres. Bill Clinton's administration, approved the transition of the technical management of the [[DNS|Domain Name System]] (DNS), including the IANA functions, to the private sector. On January 30, 1998, the [[DOC|Department of Commerce]] (DOC) released the [[Green Paper]] recommending the establishment of a new, private, non-profit organization to take over the management of the DNS. The global internet stakeholders shared their comments and recommendations regarding the  Green Paper, which were compiled and studied by the NTIA. In  June 1998, NTIA published the [[White Paper]], which contains the policy statement of the U.S. government regarding  the transition process for the technical management of the DNS to a new corporation to be created based on the principles of stability, competition, private bottom-up coordination, and representation.<ref>[http://www.ntia.doc.gov/federal-register-notice/1998/statement-policy-management-internet-names-and-addresses Statement of Policy on the Management of Internet Names and Addresses]</ref>
 
In 1997, the United States government under Pres. Bill Clinton's administration, approved the transition of the technical management of the [[DNS|Domain Name System]] (DNS), including the IANA functions, to the private sector. On January 30, 1998, the [[DOC|Department of Commerce]] (DOC) released the [[Green Paper]] recommending the establishment of a new, private, non-profit organization to take over the management of the DNS. The global internet stakeholders shared their comments and recommendations regarding the  Green Paper, which were compiled and studied by the NTIA. In  June 1998, NTIA published the [[White Paper]], which contains the policy statement of the U.S. government regarding  the transition process for the technical management of the DNS to a new corporation to be created based on the principles of stability, competition, private bottom-up coordination, and representation.<ref>[http://www.ntia.doc.gov/federal-register-notice/1998/statement-policy-management-internet-names-and-addresses Statement of Policy on the Management of Internet Names and Addresses]</ref>
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On November 25, 1998, the Department of Commerce formally recognized [[ICANN]] as the new organization responsible for administering the DNS through a Memorandum of Understanding signed by both parties.<ref>[http://www.ntia.doc.gov/report/2000/second-status-report-department-commerce-icann Second Status Report Under ICANN/US Government Memorandum of Understanding]</ref>
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On November 25, 1998, the Department of Commerce formally recognized [[ICANN]] as the new organization responsible for administering the DNS through a Memorandum of Understanding signed by both parties.<ref>[http://www.ntia.doc.gov/report/2000/second-status-report-department-commerce-icann Second Status Report Under ICANN/US Government Memorandum of Understanding]</ref> This came about as a result of the infamous "[http://www.iafrikan.com/2015/06/14/brief-history-of-the-internet-dns-wars-icann-iana-nita-itu-in-igf/ DNS Wars]".
    
The Department of Commerce  awarded a contract to ICANN to manage the IANA functions on February 9, 2000.<ref>[http://www.ntia.doc.gov/files/ntia/publications/ianacontract.pdf IANA Contract, February 9, 2000]</ref> The agreement was renewed several times in 2001,<ref>[http://www.ntia.doc.gov/files/ntia/publications/sb1335-01-w-0650.pdf IANA Contract 2001]</ref> 2003, <ref>
 
The Department of Commerce  awarded a contract to ICANN to manage the IANA functions on February 9, 2000.<ref>[http://www.ntia.doc.gov/files/ntia/publications/ianacontract.pdf IANA Contract, February 9, 2000]</ref> The agreement was renewed several times in 2001,<ref>[http://www.ntia.doc.gov/files/ntia/publications/sb1335-01-w-0650.pdf IANA Contract 2001]</ref> 2003, <ref>

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