ICANN Gives .Asia Domain Tentative Approval

Hot on the heels of .eu it looks as though ICANN is interested in rolling out .asia dinaubs

The quasi-governmental organization that oversees the Internet has tentatively approved a ".asia" Web domain to unify the Asia-Pacific community.

Registrations for English-language names in ".asia" could begin six months after ICANN grants final approval. But first, ICANN and the DotAsia Organization Ltd. will have to spend weeks or months ironing out contract details. The DotAsia group, which consists of domain name operators in Asian countries, also plans to explore permitting site addressess in Asian languages.

Separately, ICANN delegates discussed methods for allowing new Web addresses to be created in Chinese, Arabic, Cyrillic and other alphabets instead of the Latin script used in English. The technical tweaks required are complicated, but a test run is expected to begin shortly, ICANN spokesman Andrew Robertson said.

- Y! MyWeb

Time to get in on the action?

Having the big market domain extension blocks of .us, .eu (still being rolled out) and now the proposed .asia; how long before the domain prices take a huge hike? Maybe time to get in early?