AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

pm400BANGKOK: Thailand will end its domestic ivory trade, Prime Minister Yingluck Shinawatra announced on Sunday, promising legislation that could help the country avoid international trade sanctions after criticism by environmental groups.

The announcement of legislation to end the ivory trade came at the opening ceremony of a Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES) conference in Bangkok.

"This will help protect all forms of elephants including Thailand's wild and domestic elephants and those from Africa," Yingluck said in a statement.

The CITES conference runs until March 14.

Environmental groups such as World Wide Fund for Nature (WWF) and TRAFFIC, which monitors the wildlife trade, have been calling for CITES to sanction Thailand, Nigeria and the Democratic Republic of Congo for their part in the illegal ivory trade.

Thailand is accused by conservation groups of fuelling the already rampant slaughter of African elephants and trade in their ivory

through lax enforcement and regulation of its legal domestic market, which the country has never publicly committed to curbing before.

The largely unregulated market is ideal for laundering illegal African ivory into its system before being sold on, environmental groups say.

Groups said it was not clear how Thailand would go about ending its domestic trade, nor how long it would take.

"Prime Minister Shinawatra now needs to provide a timeline for this ban and ensure that it takes place as a matter of urgency, because the slaughter of elephants continues," said Carlos Drews, head of WWF's delegation to CITES.

Thailand is the largest illegal ivory market in the world behind China with much of the ivory being bought by foreign tourists, the WWF says.

Comments

Comments are closed.