WTO Has Full Hands
The World Trade Organization (WTO) is an international body that monitors
exactly what one would expect, trade. The WTO is the driving force behind
balancing many of the international trade agreements and relationships between
the various nations in the world. In the most recent couple of years though the
WTO has had two issues that have not found an effective and fast resolution and
the countries involved refuse to even come to the table and negotiate a
compromise. The nations in question, the United States and China, are both using
the morality card to create and sustain the current international issues. For
the US, the issue comes down to the foreign online casino gambling industry, and
for China, the issue lies within the nation’s blocking of nearly all media from
the United States.
The Chinese government has a history of restrictive communist policies that
don’t exactly fly with international organizations. During the Bush
Administration the US had similar issues related to the controversial federal
legislation that blocks offshore online casinos from entering the US gambling
market. In both of these cases the WTO has ruled that the policies break trade
agreements and international policies and the WTO has ordered both China and the
US to put and end to their respective issues. In the US case, the WTO asked for
the country to adopt new online casino policies nearly three years ago.
In China, again, the situation is similar. The WTO is forced to continually
request that the nation alter its policies and hope for the best. The Chinese
government is very restrictive in nearly every area, with a block of online
casinos also in place. The internet gambling sites are not the crux of the issue
however, it’s the lack of media that is able to penetrate the strong blocks and
restrictions that hold in China’s marketplace. |