AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)

sharkBANGKOK: An international conference voted on Monday to ban trade in some shark species whose populations have fallen to crisis levels due in part to demand from China, the world's biggest consumer of shark fins for use in soup.

The Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES) agreed to ban international trade in the oceanic whitetip, the porbeagle and three types of hammerhead sharks unless shipments are accompanied by documentation showing they were caught legally.

Around 7 percent of sharks are killed each year, according to a paper in the Marine Policy journal this year, an unsustainable amount that is threatening certain populations with extinction.

Governments will have 18 months to comply with the restrictions, agreed by a two-thirds majority of the countries at the CITES conference in Bangkok.

If countries are found to be non-compliant, they may be subject to sanctions that can cover trade in all CITES-listed species.

Japan and China, major consumers of shark products, opposed the listing, citing difficulties in identifying the specific species' fins.

They also said regional fisheries management bodies should manage marine issues, rather than CITES, but most countries, including the original proponents in Latin America and the European Union, and environmental NGOs rejected that view.

"In reality we need fisheries management bodies managing the fishing and CITES managing the trade," said Elizabeth Wilson, manager for global shark conservation at The Pew Charitable Trusts, an NGO.

The vote will require final approval at a CITES plenary on March 14, the final day of the meeting, which is likely given the large majority in favour.

Comments

Comments are closed.