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Wednesday, October 3, 2007

The next Dodo

Elephants would soon extinct

The Elephants would soon extinctworld is witnessing a dramatic decrease in the population of elephants all across the world, thanks to a thriving trade in ivory. Recent research reports estimate that around 20,000 elephants are being killed annually for this trade. August 2005 to August 2006 saw seizure of over 25.5 tons of illegal ivory. The Chinese market has a high demand for illicit ivory, which is bought in the mainland through sea-routes of Hong Kong, Macao and Taiwan. Japan and Thailand are also big ivory markets. Around 62% of the seizures take place in this hub. On an average 3 illegal ivory trading consignments are seized per day. The Asian business tycoons are moving to South Africa and are encouraging illegal ivory trade under the garb of timber companies. Given the rigorousness of the current state of the trade in illegal ivory, substantiated by ever-increasing seizures, unless drastic steps are taken, it’s not far when elephants would become a thing of the past.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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