Monday, April 9, 2012

A Online Gambling World Trade Organization Antigua USA

A World Trade Organization(WTO) USA Antigua and Barbuda saga that has been on the legal table for a number of years now has once again surfaced in the news aged legal dispute that antigua the small island nation in the caribbean has been waging with the USA is not going away as american trade officials would like it to american trade officials claimed back in 2003 to the citizens of the USA needed to be protected from the uncertain status of online gambling defence against a claim by the antiguan government to the WTO that america had violated a signed trade agreement.

And the WTO appellate body in 2005 said while the states had a right to claim it was protecting its people but it could not have interstate online horse racing was a clear violation of US obligations under the general agreement on tade in services in the WTO gave the USA 11 months to either allow antigua access to the US market or shut down US domestic online horse race betting to antigua was patient and after a year in march of 2007 for a WTO compliance panel determined that america had not lived up to its obligations and possible sanctions should be imposed in december of 2007 WTO made the decision that antigua was entitled to $21million in annual damages.

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