WTO ruling not challenged by U.S
By Eric Marsh, Jun 5th 2007The online gambling battle between Antigua and Barbuda and U.S regarding the online gambling's situation has cooled (for the moment), with the WTO (World Trade Organization) adopting a ruling against the U.S.
The U.S will not challenge the ruling, but it will try to change its international agreements it entered into when joining the WTO. U.S wants to exempt online gambling from its agreements as a WTO member and this attempt might take some years.
Now Antigua and Barbuda demands compensation for the U.S. infringement on the trade agreement. In order to punish the U.S.A's decision, Antigua might target American trademarks, copyrights and telecommunications companies. The country encourages other nations to do the same.
John Ashe, the ambassador of Antigua stated that each member of the WTO should press claims against the U.S because of the financial losses it has caused. He also said that the process should be made as difficult as possible for the U.S.
Brazil and India are among the first supporters of Antigua and Barbuda, and they agree that the U.S should pay compensations to the nation. The European Nation hasn't decided yet if they will claim compensations as well.
Other countries might get involved in the dispute as well. The U.S is contesting the situation, saying that Internet gambling was not clearly discussed during the initial WTO agreements.
The U.S will not challenge the ruling, but it will try to change its international agreements it entered into when joining the WTO. U.S wants to exempt online gambling from its agreements as a WTO member and this attempt might take some years.
Now Antigua and Barbuda demands compensation for the U.S. infringement on the trade agreement. In order to punish the U.S.A's decision, Antigua might target American trademarks, copyrights and telecommunications companies. The country encourages other nations to do the same.
John Ashe, the ambassador of Antigua stated that each member of the WTO should press claims against the U.S because of the financial losses it has caused. He also said that the process should be made as difficult as possible for the U.S.
Brazil and India are among the first supporters of Antigua and Barbuda, and they agree that the U.S should pay compensations to the nation. The European Nation hasn't decided yet if they will claim compensations as well.
Other countries might get involved in the dispute as well. The U.S is contesting the situation, saying that Internet gambling was not clearly discussed during the initial WTO agreements.
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