…..On 17 May 2004, ICANN published a proposed budget for the year 2004-05. It included proposals to increase the openness and professionalism of its operations, and greatly increased its proposed spending, from US $8.27m to $15.83m. The increase was to be funded by the introduction of new top-level domains, charges to all Domain Registries, and a fee for all domain name registrations, renewals and transfers (initially 20¢ US for all domains within a country-code top-level domain, and 25¢ for all others). The Council of European National Top Level Domain Registries (CENTR), which represents the Internet registries of 39 countries, has rejected the increase, accusing ICANN of a lack of financial prudence and criticising what it describes as ICANN's "unrealistic political and operational targets". Despite the criticism, the registry agreement for the top-level domains .JOBS and .TRAVEL includes a US $2 fee on every domain the licensed companies sell or renew.
Along with the successful negotiations of the .TRAVEL and .JOBS namespace, .XXX, .MOBI, and .CAT are some of the new applicants in front of ICANN. The recent introduction of the .EU Top Level Domain to the root, and the currently proposed .ASIA multiregional suffix are developments to watch.
ICANN is making strides towards their aggressive and ambitious goals that sit in front of them, and they are recently doing outreach to improve public perception and correct misunderstandings of their motives and mandate. In May of 2005, ICANN participated in the Domain Roundtable Conference in Seattle. They are, however, under fire from the United Nations' Working Group on Internet Governance.
Meanwhile,
ICANN is seeking to privatize itself, withdrawing from its connections to the US Government and the US Department of Commerce. Support from these National Top Level Domain Internet registries is a missing critical milestone within the commitments that ICANN has made to the US Department of Commerce…..