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An End in Sight?

The United States and the European Union have been in discussions for months now over appropriate and mutually acceptable compensation terms since the U.S. abruptly withdrew from the international online casino gambling industry and withdrew from international trade obligations. The online casinos issue was first addressed by the World Trade Organisation on behalf of Antigua – but not long after the U.S. brushed of Antigua’s compensation claims, the WTO opened up the floor to other countries negatively affected by the U.S. withdrawal of trade commitments. Once the EU took up the issue, the U.S. was essentially forced into negotiations and could no longer “brush off” the WTO.

For that reason, the U.S. and the EU have both spent several months now negotiating new trading terms that will make up for the EU no longer having access to the U.S. online casino gambling industry. But as the negotiations have stalled and been postponed several times, the EU Trade Commissioner, Peter Mandelson, made a visit to the U.S. in the hopes of finding resolution to the online casino related negotiations without going into binding arbitration through the WTO.

Mandelson made a significant observation – he noted that negotiations with the U.S. Trade Representatives have not gone very far, and that perhaps a more successful approach to resolution lies in finding alternative online casino gambling legislation through the U.S. Congress. For that reason, Mandelson not only spoke at the Transatlantic Economic Cooperation meeting, but also took the time to meet with members of the U.S. Congress that support neutralizing the online casino ban.
 

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