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Xiaobian of the network to introduce to you is Kai Yun group to start a new project, crocodile skin trade can be "extravagant".

Kering, one of the world's largest luxury goods group, recently launched a joint venture with International Trade Centre (ITC) to effectively monitor and manage the trade of Madagascar crocodile skin, which will balance the protection of the species and the economic benefits of leather sales.

The international trade center is a technical cooperation institution jointly established by the China World Trade Center Development Association and the world trade organization.

Kai Yun group has many luxury brands such as Gucci, Balenciaga, Saint Laurent and Alexander McQueen. This company has always been fascinated by rare animals that may be made into high-end bags, belts, wallets and shoes.

The Nile crocodile is the largest crocodile in Africa. It weighs over 1500 pounds (about 1 tons) and can reach 20 feet (about 6 meters) in length.

For luxury goods merchants, they are undoubtedly the most valuable prey.

The crocodile industry is a high-yield industry in Madagascar. Madagascar is the only country in Africa that is allowed to sell wild crocodile skin to foreign markets.

Madagascar's Nile crocodile has long been included in the list of international endangered wildlife trade treaties (CITES).

In March 2010, CITES's fifteenth meeting in Qatar decided to ban the international circulation of Madagascar crocodile skin and its derivatives.

A previous study showed that the number of Nile crocodiles monitored in the largest island in Africa, whether wild or cultured, has been sharply reduced.

Now, this item

It has been cancelled.

This provides an opportunity for ITC and Kai Yun group to develop a more efficient and sustainable management mode for Madagascar's crocodile leather trade.

To a certain extent, this project can properly balance the status quo of local species protection and the economic opportunities brought by reptiles to local people.

Collecting and selling wild crocodile eggs in some poor areas of Madagascar is an important way for local people to earn their income.

"This is a training for them. We have to make sure that crocodiles will live here. They can't take all crocodile eggs in the whole area," said ITC media official Jarle Hetland. "We will develop regular training programs. Our usual way is to hire local consultants, which will ensure that our management practices are in line with local cultural customs and economic environment."

In addition, the agency will collect data on the number of captured animals and crocodile eggs collected locally, and study the breeding and wild crocodile populations.

In February 2013, Louis Weedon, the global competitor of Kai Yun, bought a crocodile farm in Australia at a price of 2 million 500 thousand US dollars.

Shortly afterwards, the cloud was also bought.

A tannery specializing in crocodile leather processing in Normandy.