Term:
International Whaling Commission (IWC)
Definition:
Was established in 1946 under the International Convention for the Regulation of Whaling. The purpose of the Convention is to provide for the proper conservation of whale stocks and thus make possible the orderly development of the whaling industry. The main duty of the IWC is to keep under review and revise as necessary the measures laid down in the schedule to the Convention which govern the conduct of whaling throughout the world.
Domain:
International Trade
Source:
OECD