Further Arbitration Needed
The small island nation of Antigua asked the Word Trade Organisation (WTO) for
further arbitration on the nation’s dispute with the United States. The U.S. not
only violates a WTO treaty agreement concerning the online casinos gambling
industry, but also hesitates to fully act negotiate compensation agreements with
Antigua and Barbuda in addition to other nations affected by the U.S. internet
gambling ban. The U.S. agreed earlier to have a settlement proposal submitted to
the government of Antigua by the end of March for consideration. And though that
deadline came and past without any acknowledgement from the U.S., Antigua
announced that it recently received the anticipated online casinos gambling
settlement offer and that a preliminary look has indicated that the settlement
is less than the nation had hoped for in this dispute.
The U.S. is apparently content to play with fire on the issue – between
consistently promised missing deadlines and then undervaluing compensation
claims in terms of increased trade rights and monetary compensation. The
Antiguan Minister of Finance and the Economy, Dr. Errol Cort announced that a
settlement on the online casinos gambling issue had been submitted to the
country, but that even so, the small island nation may consider further WTO
arbitration on the dispute.
Antigua already has US $21 million in copyright sanctions on the U.S. that
Antigua has announced will be used against the U.S. motion picture industry if
the U.S. does not come to adequate compensation terms. Dr. Errol Cort’s only
comment on the ongoing online casinos gambling negotiations noted that the
settlement offer had been received. A recent statement noted that "…a proposal
for the resolution of the trade dispute received from the U.S. last week has not
been met favourably."
This issue could continue for months on end as the United States is in turmoil
over the online casinos gambling issue. Many politicians are hesitant to resolve
the debates and issues with the EU, Antigua, and other nations because the UIGEA
may be repealed in the coming months. |