(Bloomberg) -- Australia is pushing ahead with plans to phase out the export of live sheep to improve animal welfare.  

The government has appointed a panel to consult on how and when it will phase out the trade, Agriculture Minister Murray Watt said in a tweet, adding that the ban will not take effect in this term of parliament. 

The push comes after the Labor government made a pre-election commitment to end live sheep exports. The trade is worth A$85m ($57.2 million) and solely based in Western Australia, said Minister Watt. 

Live sheep exports fell to below 500,000 in 2022, down from a peak of 6.5 million 20 years ago, the minister said. Meanwhile, sheep meat exports have risen from A$1 billion to $4.5 billion in the past 20 years, he said. 

The panel will report to Minister Watt by Sept. 30 and will also look at how to strengthen the local meat-processing sector, as well as how to pursue opportunities in markets like the UK and India. 

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