Dear Friends,

FIDE and the newly elected President, Mr. Arkady Dvorkovich, consider the development of women's chess to be one of their most important priorities. We believe that this goal can be achieved by increasing the number of elite tournaments for women and by establishing a coherent and logical system to the Women’s World Championship cycle. We are pleased to note that the first official steps in this direction have been taken.

According to the existing regulations, in 2019 there should have been a Women’s World Championship match between the current winner of the 2018 Women’s World KO Championship and the winner of the FIDE Women`s Grand Prix Series 2017-2018. Unfortunately, the previous FIDE leadership were unable to hold the Grand Prix series thus threatening the 2019 Women`s World Championship match entirely.

It is therefore why the newly elected FIDE leadership have taken the necessary decision to hold the Women’s Candidates Tournament in the first half of 2019. The winner will then earn the right to play a match against the reigning Women’s World Champion. At the last Presidential Board meeting, FIDE reinforced its support for women’s chess by increasing the prize fund of the Women’s World Championship from €200,000 to a record-breaking €500,000.

FIDE has prepared amendments to the 2020 Women`s World Championship Cycle and subject to approval the new structure will look like this:

Women's Candidates Tournament - first half of 2019.

Women's World Championship Match - between the winner of FIDE World Women's KO Championship and the winner of Women's Candidates - end of 2019.

FIDE Women's grand prix - to be launched and conducted in 2019-2020.

Women's knockout world Cup - to replace Women's KO World Championship with the same financial terms: August 2020.

Women's Candidates Tournament - 2021 etc...

We would like to stress that the prize fund of the new Women`s World Cup will be no less than the prize fund of the current Women`s KO World Championship. All players who are qualified for the Women's World Championship 2020 will automatically proceed to the Women's World Cup 2020 and retain all rights.

We believe that, not only will the new Women’s World Championship cycle guarantee a new range of top-level events but will also bring it in line with the World Championship cycle. FIDE is already working with potential organizers to secure future locations.

FIDE is fully committed to its pledges to make positive reforms. We recognize that there may be some transitional issues, but in the end, having a clear system can only be a huge benefit to chess.

Together we will make chess better.