GENEVA, Jan. 20 (Xinhua) -- Delegations from the DPRK and South Korea will march together under the name "Korea" and the Korean Unification Flag at the opening ceremony of the upcoming PyeongChang Olympic Winter Games, the International Olympic Committee (IOC) announced on Saturday.

The announcement came from IOC President Thomas Bach after a four-party meeting at the IOC headquarters in Lausanne, Switzerland, on Saturday that was attended by delegations from the National Olympic Committees of the DPRK and South Korea, the organization committee of the PyeongChang Olympic Winter Games, and members of the IOC.

All parties signed the Olympic Korean Peninsula Declaration after the meeting, which finalizes the necessary details of the DPRK's participation in the games.

The IOC will grant accreditations to 22 athletes from the DPRK who will compete in three sports and five disciplines, including figure skating, short track speed skating, cross country skiing, Alpine skiing, and in a united women's hockey team.