'Countries reverse decision to protect red corals'
Seaweb has the story here
...The unusual reversal, which took place after the conference was scheduled to have ended, means the trade in red corals will be allowed to continue unchecked, threatening the species’ survival. There was significant support for the listing from the United States (the largest red coral importer in the world), the European Union (a major exporter), Mexico, the CITES Secretariat, as well as numerous NGOs, including SeaWeb, TRAFFIC, WWF and the Pew Institute for Ocean Science.
Opponents to the [protection measures included] Japan, a major red coral trading nation, and industry group ASSOCORAL...