Wednesday, 13 January 2016

HONG KONG ANNOUNCES IVORY TRADE BAN

 Hong Kong’s Chief Executive Leung Chun-ying in his annual policy address announced that Hong Kong will be joining with China in introducing a ban on ivory trading.

Hong Kong Chief Executive Leung Chun-ying said “The Government is very concerned about the illegal poaching of elephants in Africa. It will kick start legislative procedures as soon as possible to ban the import and export of elephant hunting trophies and actively explore other appropriate measures, such as enacting legislation to further ban the import and export of ivory and phase out the local ivory trade, and imposing heavier penalties on smuggling and illegal trading of endangered species. Meanwhile, the Government will strengthen enforcement and take rigorous action against the smuggling and illegal trade in ivory.”

A timeline has not been published but it should at least depress the price of ivory further and discourage poaching even more.

The other worry is that speculators will switch from ivory to rhino horn, especially if South Africa ever gets a legalised market going. This is the last thing the rhino needs.

No comments:

Post a comment