The event encompasses the Congress and General Assemblies of over one hundred International Sports Federations and their related Associations.

The decision confirms an offer to host the event made by Sochi 2014 President and chief executive, Dmitry Chernyshenko to SportAccord organisers at the 2010 edition of the conference held in Dubai last month .

Chernyshenko said: "We would be delighted to host such a significant event, an occasion that brings together so many of our partners from the Olympic and sports world. 

"Holding SportAccord 2013 in Sochi would provide a wonderful opportunity to invite the sporting world to Sochi only a year ahead of the Games and to have the chance to demonstrate further the strength of Sochi as a major sporting destination.

"With the Sochi 2014 Olympic and Paralympic Games just a year away, SportAccord would allow for an early glimpse of our welcome to the world.

"By then, we will be making the final preparations for the Games."

The 2011 edition of SportAccord is due to be held in London, a year before the city hosts the 2012 Olympic and Paralympic Games. 

The venue for the 2012 edition of SportAccord has yet to be announced.