After presenting its evaluation of the situation that former world champion GM Veselin Topalov was unable to participate in the ongoing WCCh cycle anymore and may lose such an opportunity for two years, the Bulgarian delegation accepted the proposal of the FIDE Presidential Board. In accordance with the decision, GM Topalov will have an eight-game Challenger Match against the winner of the 2007 World Cup in the year 2008 as part of the new WCCh cycle.
I realise that we have only scant details so far but I wonder where Oceania countries will fit within the grand prix structure. In Asia?
Interestingly, there is a news report of the ASEAN Chess Confederation agreeing to jointly hold "an ASEAN chess grand prix and regional circuit tournament". Malaysia, Philippines, Singapore, Vietnam, and Indonesia will be the hosts.