NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Australia suspends live export licence of one company amid sheep deaths

Published 22/06/2018, 09:08 pm
Australia suspends live export licence of one company amid sheep deaths
LCc1
-

MELBOURNE, June 22 (Reuters) - Australia has suspended the live export licence of one unnamed company, the agriculture department said on Friday, as the government tightens controls on the livestock export industry after the death of thousands of sheep bound for the Middle East last year.

Footage that emerged earlier this year of the severely distressed sheep that died from heat stress while on a vessel shocked the nation and fuelled calls for an outright ban on the A$250 million ($190 million) sheep export industry.

Australia is one of the world's largest exporters of livestock, and while the bulk of its meat exports are processed, markets such as the Middle East and Indonesia prefer to buy live animals.

The Department of Agriculture said in a statement it had "suspended the live export licence of one company", without naming it.

It said the licence would stay suspended pending a full review of its response to a show cause notice, asking it to explain why a certain course of action should not be taken against it.

"The laws that regulate the export of livestock include strict requirements to ensure the health and welfare of animals. It is the responsibility of each exporter to ensure it meets those obligations," the agriculture department said.

"The department takes those responsibilities very seriously."

Australia said in May it would require ships carrying live cattle and sheep exports to reduce the number of sheep they carried during the northern hemisphere summer and have an independent observer to ensure welfare standards. Australian government, which relies on the support of rural voters, rejected an outright ban on live exports as it would cause too much damage to the country's agricultural sector, Agricultural Minister David Littleproud said last month.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.