Olympics Committee approves Tokyo 2020 venue changes

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The International Olympic Committee executive board on Friday gave the greenlight to organizers of the Tokyo 2020 Games to move three competition venues as part of a plan to trim more than $1 billion from the budget. The IOC board meeting in Rio de Janeiro focused on preparations for the Tokyo games in five years time as well as the next Winter Olympics in the South Korean city of Pyeongchang in 2018. Tokyo Games CEO Toshiro Muto said the Japanese had submitted three venue changes as part of a plan to cut costs of the sporting extravaganza.

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