Antigua, U.S. may be near resolution of online gaming dispute

May 27th, 2008
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A resolution of the online gaming dispute between Antigua and Barbuda and the United States may be close.

Antigua’s Minister of Finance and the Economy Dr. Errol Cort said he was optimistic about the prospects of the matter being worked out between the two countries after he met with the U.S. Trade Representative last week.

Previously, the World Trade Organization has ruled that the U.S. could not keep Antigua’s online gaming businesses out of the American market and awarded a settlement against the U.S. on Antigua’s behalf.

According to a story at the Antigua Sun:

The finance minister said he could not disclose the terms being discussed, but said he is hopeful the parties will be able to thrash out the terms of a settlement before 6 June, the date that the World Trade Organization (WTO) activities has been deferred for settlement talks.

“I am hoping that between now and then we would be able to arrive at some understanding in terms of the components of the settlement, failing which, if there is a situation in which we need to extend the time to give further opportunity to conclude settlement talks, then the parties would not be averse to so doing,” he added.

Whole thing here.


Article Credit: Dustin

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