Location: > Online Gambling > text

according to a ruling issued by the WTOs dispute-settlement

edit:casino time:2018-06-26

The latest development in this long-running trade battle occurred on Friday, when Antigua’s ambassador to the WTO, Sir Ronald Sanders, told the organization’s Dispute Settlement Body (DSB) that the country may formally ask the WTO to appoint a mediator in the hope of resolving the 15-year-old dispute.

The US’s representative attempted to counter Sanders’ push toward mediation by noting that the US has made two previous settlement offers. Both of those were valued at less than $1 million in “other considerations”, however, and are largely considered bad-faith efforts. Both of those also occurred during the Obama administration, while the current Trump administration of the US’s Trade Representative Office has, allegedly, not even bothered to respond to Antigua’s continuing inquires about the dispute.

Antigua has been entitled to $21 million annually in abrogated-property rights dating back to 2003, when the dispute was first brought before the WTO, according to a ruling issued by the WTO’s dispute-settlement body in 2008. That ruling gave Antigua the rights to manufacture and sell intellectual property owned by US companies without having to pay royalties back to those US-based companies, the $21 million figure being the amount of royalties each year that Antigua could ignore.

However, the tiny Caribbean island country has not taken that nuclear step, despite threats over the years to do so; the island receives other aid from the US and fears that the other aid would be cut off in retaliation. That’s left Antigua unable to enforce its settlement victory; previous ultimatums have fallen on deaf ears.

It’s hard, however, to move islands, which is why Antigua keeps pursuing the WTO-adjudged settlement. As Sanders pointed out, the settlement’s accrued total still “does not total 0.1 per cent of one year of the GDP of the United States.” He added that “the economy of the United States is 20,000 times larger than Antigua and Barbuda’s.”

“After a long period of exhausting attempts to engage the United States, Antigua and Barbuda is now contemplating approaching the Director-General under the DSU [Dispute Settlement Understanding] provisions to join in seeking a mediated solution that would bring much needed relief after these arduous 15 years of damage to our economy.”

Antigua Considers Asking for WTO Mediator in Long-Running Online Gambling Dispute with United States 25th June 2018 // Industry, Legal News, Misc, News

The Caribbean island nation of Antigua and Barbuda is again considering how to make the United States comply with a World Trade Organization ruling over online gambling that went in Antigua’s favor a decade ago.

Classification

Casino websites wishes you to enjoy online casino responsibly.

Never play online casino with money you can't afford to lose and be aware of the fact that gambling is not a way of earning money.

Gambling may cause pathological addiction if it is not enjoyed in moderation.

If you feel like you have to limit your gambling behavior, contact Gamcare for professional help.

map
Top