Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Yahoo Japan to end ivory sales: Sources.


Date: 29-08-2019
Subject: Yahoo Japan to end ivory sales: Sources
Yahoo Japan Corp plans to end the sale of ivory on the country's biggest online auction site, two sources with direct knowledge of the matter said on August 28, finally joining competitors in a ban.

Yahoo Japan will end ivory trading, blamed by wildlife campaigners for perpetuating an illegal international black market, from Nov. 1, the sources said. They declined to be identified as the information is not public.

Rival online auction sites Rakuten Inc and Mercari Inc banned ivory sales two years ago, but Yahoo Japan had continued to resist calls from campaigners, denying suggestions the trade was a factor behind a sharp rise in poaching on the African savannah in recent years.

Elephant tusks remain in demand in Japan, which allows the domestic trading of ivory brought into the country before it imposed an import ban in 1989, making it the world's largest legal ivory market.

The tusks are used to make "hanko" name seals which, when dipped in red ink and stamped on paper, are used like a signature in a wide range of transactions from opening a bank account to registering a marriage.

The two sources told Reuters Yahoo Japan, a consolidated subsidiary of telco SoftBank Corp, decided to halt trading following reports that ivory being traded on Yahoo Japan's platform was being on-sold to China.

China outlawed the trade in 2017, with increasingly strict rules around the world another factor behind the decision, the sources said.

A report by wildlife trade monitoring group Traffic last year pointed to seizures of Japan-procured ivory being smuggled into China.

The Japanese government last month began requiring domestic traders to prove the age of tusks via carbon dating in a bid to prevent illegal imports.

An estimated 100 African elephants are killed each day by poachers seeking ivory, meat and body parts, leaving only 400,000 remaining, environmentalists estimate.

Source: moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-01-2021
Notification No. 02/2021 - Central Tax
Seeks to make amendment (2021) to CGST Rules, 2017.

Date: 11-01-2021
Trade Notice No. 37/2020-2021
Electronic Issuance of Preferential Certificate of Origin (CoO) for India’s Exports to UK under Generalised Scheme of Preferences (GSP)

Date: 08-01-2021
Public Notice No. 37/2015-2020-DGFT
Enlistment under Appendix 2E of M/s The All India Plastics Manufacturers’ Association (North Zone), Gurugram, Haryana - Authorized to issue Certificate of Origin (Non-Preferential) – reg.

Date: 07-01-2021
Notification No. 55/2015-2020-DGFT
Amendment in import policy and condition of items classified under Chapter 41 & 43 of ITC (HS), 2017, Schedule – I (Import Policy).

Date: 07-01-2021
Notification No.03/2021 - Customs (N.T.)
Exchange rate Notification No.03/2021-Cus (NT) dated 7.1.2021

Date: 06-01-2021
Notification No. 03/2021-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 06-01-2021
Notification No. 1/2021 -Customs (ADD)
Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 28th Feb, 2021.

Date: 04-01-2021
Trade Notice No. 36/2020-21
Cyber fraud complaints from Indian Exporters - Trade Advisory reg

Date: 04-01-2021
Notification No. 02/2021-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 04-01-2021
Notification No. 02/2021-Customs (N.T.)
To rescind the Customs (Advance Rulings) Rules 2002



Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001