Lochte To Remain In Charity Swimming Event Preparations For Tokyo Games Begin In Earnest Golf In Rio Draws Widespread Acclaim Lochte Likely To Face Punishment From USOC Rio Controversy Could Follow Bentz, Conger NBC Called Out For Buying Lochte's Story Media Buyers OK With NBC Ratings Shortfall Team USA Dominates Rio Medal Standings Bach Has No Regrets About Rio Tokyo Offers Glimpse Of Its Plans For Games
U.S./CHINA REACH HISTORIC AGREEMENT
Published March 24, 1995
Officials of the Chinese Olympic Committee (COC) and ACOG announced an agreement to designate Zong Ao Physical Development Co. (ZAPD), Beijing, as an agent for trademark licensing programs in China for trademarks and symbols owned by ACOG -- the first deal of its type ever reached between the U.S. and China. Under the deal, Chinese manufacturers who wish to use the trademarks, symbols and designations owned by ACOG will apply for a license through ZAPD. In return, the manufacturers will return a portion of their receipts as royalties to ZAPD, the COC and ACOG (ACOG).