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ICANN operates in large part by entering into agreements with various other parties involved in the operation of the Internet. These agreements fall generally into two categories: Transition Agreements and Implementation Agreements.
In its 5 June 1998 "Statement of Policy, Management of Internet Names and Addresses," 63 Fed. Reg. 31741(1998) (commonly known as the White Paper), the United States Government declared its willingness to recognize a new, not-for-profit corporation formed by private sector Internet stakeholders to administer policy for the Internet name and address system. The White Paper envisioned a transition process during which the not-for-profit corporation would enter various agreements to facilitate ending the United States Government's role in the Internet number and name address system in a manner that ensures the stability of the Internet. These agreements are as follows:
ICANN has submitted thirteen status reports to the Department of Commerce under this memorandum of understanding:
Policies adopted through the ICANN process are implemented by agreement of entities involved in the operation of the Internet. In some cases, this agreement occurs after the policy is adopted; in other cases the implementation is pre-arranged through written agreements. Some of those agreements are: