ANTIGUA DECISION EXPECTED FRIDAY (Update)
21 December 2007
WTO arbitration findings to be released midday
The final chapter in the long-running online gambling
trade dispute between Antigua and Barbuda and the United
States is scheduled to take place today (Friday) when
the World Trade Organisation arbitration panel announces
what retaliatory trade measures the Antiguans may take
in response to the discriminatory trade practices of the
Americans regarding online gambling restrictions.
Antigua is asking for $3.4 billion worth of redress,
whilst the US Trade Representative has suggested that
$500 000 may be a more practical figure. Antigua's lead
legal counsel, Mark Mendel has said repeatedly that the
Antiguan claim is factually and independently based on
realistic expectations, and he anticipates a successful
outcome.
The WTO has already found in favour of Antigua regarding
the discriminatory nature of US legislation on Internet
gambling, a development which caused the US to
unilaterally withdraw gambling from it's WTO trade
obligations. This in turn resulted in a number of
trading partners, including the 27 nation European
Union, claiming compensation .
Thus far the Americans have settled with the EU,
Canadian and Japanese negotiators on a range of
concessions, none of which directly compensate European
online gambling firms badly mauled by US legislation
last year which forced them out of the US market. Those
firms, under the aegis of trade group the Remote
Gambling Association, are now seeking further action
against the US from the European Union.
Online Casino News courtesy of
InfoPowa
More news here.
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