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Published 11:22 1 Jun 2016 BST
Updated 15:05 5 Aug 2016 BST
Already, pro boxers such as Wladimir Klitschko and Billy Joe Saunders have expressed an interest in fighting at Rio 2016 but Manny Pacquaio recently declared he would skip the event to focus on his political career in The Philippines.
The AIBA decision now means any professional can enter next month's qualifying event in Venezuela. There are a meagre 26 places up for grabs.

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