Regulatory News

The International Whaling Commission rejected the proposal put forward by the southern hemisphere countries like Brazil, Argentina and Uruguay, to create a sanctuary to protect whales in the Atlantic. During a meeting in Slovenia, the initiative received 38 votes in favor and 24 against. However, a 75% favorable vote by participants is required for approval. The opposition to the measure was led by Japan, Norway and Iceland - countries that defend the fishing of aquatic mammals.

The sanctuary would stretch over 20 million square kilometers in the South Atlantic, to house the most endangered whale species such as blue fin, minke and humpback whales as well as sperm whales. Defenders of the measure sought to attract whale-watching tourism to the area. The proposal was first presented in 2001.

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