(CNN) The postponed Tokyo Olympics will be held from July 23 to August 8 in 2021, the International Olympic Committee (IOC) has confirmed.
An agreement was reached on Monday after a call between leaders from the IOC, Tokyo 2020 organizers, the Japanese government and the International Paralympic Committee.
The new dates for the Paralympic Games are August 24 to September 5, 2021.
"Humankind currently finds itself in a dark tunnel," Bach said in a statement.
"These Olympic Games Tokyo 2020 can be a light at the end of this tunnel.