New Delhi, Nov 5 (PTI) Newly-elected International Boxing Association (AIBA) President Gafur Rakhimov has urged the International Olympic Committee (IOC) to accept an "olive branch" from his organisation while promising to continue his efforts to save boxing's Olympic status.

Rakhimov, who is accused of having links to organised crime by the US Treasury department, was elected to the top post on Saturday despite warnings from the IOC that it would jeopardise boxing's future at the Olympics.

The IOC has threatened to take the sport off the 2020 Tokyo Games roster citing "governance issues" in the AIBA -- Rakhimov at the helm being a key concern for it.

In a statement issued Sunday night, Rakhimov said the IOC's concerns about governance, anti-doping and financial management are being addressed.

"As an organisation, we at AIBA have made huge progress. We moved forward in our transparency, our governance, our statutes, our refereeing & judging rules, our anti-doping and our finance procedures. I am proud to say that we are compliant across the board," Rakhimov said.

"We have heard you, we have been listening to you and we have been learning a lot from you. We are committed to continue improving in any area you feel we should improve," he added.

Rakhimov said the AIBA election during its Congress in Moscow last week was conducted in a transparent manner.

"I hope that you (the IOC) also view the outcome of the last two days as a confirmation of our commitment to the Olympic Movement and the Olympic values," he said.

"So, on behalf of the boxers of the world, we are extending to you an olive branch in the name of Olympism. AIBA and the Olympics belong together," he added.

The 67-year-old Uzbek defeated Kazakhstan's Serik Konakbayev and thanked the AIBA members for backing him.

"I want thank the AIBA family for their trust and for allowing me to continue leading this great organisation."

Rakhimov said the election has also "given the entire boxing world a boost of positive energy".

"This is something that we needed, as it is no secret that we have been battling with challenges on many fronts. And we are still facing certain pressures," he said.

The popular combat sport has been a part of every Olympics since its introduction at the 1904 Games, barring Stockholm 1912. The reason for its only Olympic omission was the Swedish law, which banned the sport at that time.

"...we are more confident and more determined than ever to bringing our sport back to where it deserves to be," he said.

However, it remains to be seen how the IOC responds to his election at its meeting in the last week of November.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)