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ICANN-accredited registrars and ICANN commenced a series of direct bilateral negotiations to amend and update the current Registrar Accreditation Agreement (RAA) in November, 2011.  A [status progress report |^raa-negotiations-progress-report-01mar12-en1.pdf]was published prior to the ICANN Costa Rica meeting describing the status as of 1 March 2012.

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