Milan will host the 2019 edition of the International Olympic Committee (IOC) following their official selection here today.
The Italian city was the only bidder.
The main issues at what will be the 134th Session are expected to be the selection of the host city for the 2026 Winter Olympic and Paralympic Games and the ratification for the sports programme at Tokyo 2020.
Milan's bid was launched by the Italian National Olympic Committee (CONI) in the wake of the decision to withdraw Rome's bid for the 2024 Olympic and Paralympic Games.
It will be the eighth time that Italy has hosted the Session following Rome in 1923, 1949, 1960, 1966 and 1982, Cortina d'Ampezzo in 1956 and Turin 2006.
Milan is second most populous city in Italy after Rome and renowned for its fashion and football teams.
The world famous La Scala Opera House, whose history dates back to 1778, is due to host the Opening Ceremony.
The Milan Congress Centre would stage the Session.
The Principe di Savoia Hotel would be the base for IOC members.
Milan stepped in to bid after the IOC decided that the original bidders, Kraków in Poland, would not be suitable.
India considered bidding but never took their interest any further.
Milan's presentation team included the city's Mayor Giuseppe Sala.
Also part of the delegation was Antonio Rossi, a three-time Olympic gold medallist in the sprint canoe, and double Olympic fencing champion Diana Bianchedi.
The team was led by Giovanni Malagò, the President of CONI.
The Session in Milan is expected to take place in September.
One possible complication could be is that Milan is considering launching a bid for the 2026 Winter Olympic and Paralympic Games where they could face opposition from Calgary, Innsbruck, Sapporo and Sion.
If they did bid, it is unlikely the IOC would allow the city to host the Session where a decision will be made.
But Sala admitted the possibility of a bid was unlikely due to the amount of work that would need to be done.