The EU will ban seal imports from Canada beginning 2010. The multi-million trade has been an PR sore eye for the Canadian government as it allows the culling of 300,000 seals a year. IFAW, Sea Shepard,Greenpeace and other NGOs have mounted campaigns for years to stop the seal hunt.
With this ban, the Canadian seal market will lose a large chunk of the export markets. A similar ban in the 80s hit the Inuit Seal pelt market hard. The cull is supposedly done to manage the dwindling cod stocks in the Atlantic, which was proven to be false as the harp seals do not eat cod as their primary food source.
http://news.bbc.co.uk/2/hi/europe/8171490.stm
Ironically, seal hunts on a much smaller scale are conducted in the UK, Sweden and Finland. They do so to manage competition for fish stocks (hmmm a picture is forming about overfishing, perhaps?). I wonder if the starving Polar Bears can be relocated to the harp seal areas.