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When reviewing the Championships events in 2014-2015, the Executive Committee expressed sincere thanks to all those MNA's and clubs who have come forward to host these ASAF Cup and ASAF Youth Cup events. The Committee and host MNAs were happy with the format for the first ever ASAF Cup which will be competed in a minimum of the eight Olympic Classes while the ASAF Youth Cup will include the Optimist, Laser 4.7 (under 17), Laser Radial (under 19), RS:One (under 19) and other optional classes which the host country can best support with charter boats.

The ASAF Cup and ASAF Youth Cup series, which will begin in 2015, will be based on the following cup events for the first three years:

ASAF Cup (Overall results for award of ASAF Cup will be based on results from two out of three events)
1. ASAF Invitational Cup 1: Enoshima, Japan from 19-22 June 2014 (Test Event) ASAF CUP 1 in June 2015
2. ASAF Invitational Cup 2: Shanghai, China from 23-26 October 2014 (Test event). ASAF CUP 2 in October 2015
3. ASAF Cup 3: Mussanah, Oman from 10-14tMarch 2015

ASAF Youth Cup (Overall prizes will be awarded on the basis of results from three out of the four events (the final Event is mandatory for overall prizes):
1. ASAF Youth Cup 1: Chennai, India from 16-22 December 2014 .
2. ASAF Youth Cup 2: Hong Kong from 14-17 February 2015
3. ASAF Youth Cup 3: Singapore from 17-21 March 2015
4. ASAF Youth Cup 4: Abu Dhabi from 8-11 April 2015

The Notice of Race will be published from July 2015.

Dr. Malav Shroff, President of ASAF said, "ASAF is delighted to launch this series of events which will enable Asian Sailors to compete with each other ona regular basis to raise overall standard of sailing in Asia. This series will also provide opportunities and a platform for new technical officials to be trained and qualified in Asia in the coming years."

In another significant development, the ASAF Executive Committee announced a three year partnership with LaserPerformance. This funding, along with others that ASAF will be seeking in its continuous efforts to raise more sponsorships, will allow ASAF to grow sailing in Asia, and run the organisation more efficiently.

Jason Lim, Secretary General of ASAF said, "This support from LaserPerformance is a significant step forward for ASAF as it will allow us for the first time to fund important administrative activities in Asia in its mission to develop sailing in Asia. With the start of the ASAF CUP and ASAF YOUTH CUP, this is a very timely help from LaserPerformance and we are indeed very grateful for their help".

Bahman Kia, CEO, LaserPerformance commented, "We believe Asia has a tremendous potential to grow the sport of sailing. ASAF has been making remarkable progress in the past year towards growing the sport of sailing and we are hopeful that the new administration of ASAF will be able to use this funding to grow the sport even further. We in LaserPerformance believe that youth sailing is very important for the future of our sport and LaserPerformance will continue to support and dedicate its efforts towards this end in our partnership with ASAF".

Other matters discussed included the marketing and promotion of ASAF, events and services to sailing in Asia, plus matters to do with sponsorship support. The Executive Committee also set the date for the next ASAF Annual General Meeting which is scheduled on 21-22 September 2014 in Incheon, South Korea.