Fergie's Tech Blog

U.S. Faces Growing Pressure Over Online Gambling

An AP newswire article, via The International Herald Tribune, reports that:

The United States should face commercial sanctions worth more than $3.4 billion each year for its failure to comply with a World Trade Organization ruling that its Internet gambling restrictions are illegal, the Caribbean nation of Antigua and Barbuda said Wednesday.

Japan and India, meanwhile, added extra pressure on the United States by filing WTO compensation requests as a result of Washington's attempt to change the details of its obligations under the 1994 General Agreement on Trade in Services.

The two Asian countries and the European Union, which filed a similar request Tuesday, complain that the unprecedented legal move by the United States of deleting part of an agreed-upon treaty has to be accompanied by a commitment to open up other trade sectors.

posted by Fergie @ 6/20/2007 03:32:00 PM