Source: Hindustan times
- China will ban all domestic ivory trade and processing by the end of 2017, state media reported Friday, in a move hailed by activists as a “game changer” for African elephants.
- African ivory is highly sought after in China where it is seen as a status symbol and prices for a kilo can reach as much as $1,100.
- Xinhua said the complete ban would affect “34 processing enterprises and 143 designated trading venues, with dozens to be closed by the end of March 2017”.
- Conservationists estimate that more than 20,000 elephants were killed for their ivory last year, with similar tolls in previous years. The WWF campaign group says 415,000 of the animals remain.
- The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which took effect in 1975, banned the ivory trade in 1989.
- Like other countries, China permits the resale of ivory bought before the 1989 ban — and also has a stockpile purchased with CITES approval in 2008, which it releases for sale with certification.