One of the looming milestones in Internet governance is the impending renewal of ICANN's contract for the Internet Assigned Numbers Authority (IANA) functions. The IANA contract is the mechanism through which the US government delegates control of the name and numbers space to ICANN. As such, it is the source of all of ICANN's real authority over domain name industry and IP address policy; take away that contract and ICANN is a shell. In her
opening speech at the ICANN meeting in Brussels, European Commission Vice President Nellie Kroes, with some encouragement from various sources (wink), pointedly said, "I am hopeful that the expiry of the IANA contract next year will be turned into an opportunity for more international cooperation serving the global public interest."
Kroes is not the only one eagerly anticipating the rebid. Late last month the Internet Architecture Board (IAB) announced a program related to "IANA evolution." The memo was released July 28.