InternetPokerPro
10-28-2004, 05:39 PM
WASHINGTON (Reuters) - The United States and the tiny Caribbean
state of Antigua and Barbuda have broken off talks to resolve a high
stakes dispute over the U.S. ban on Internet gambling, a U.S. trade
official said on Thursday.
"Unfortunately we were not able to reach a settlement," despite
several meetings over the past four months," said Richard Mills, a
spokesman for the U.S. Trade Representative's office.
Online gambling has grown rapidly, with spending of around $7.5
billion this year, according to industry estimates.
In a decision that U.S. Trade Representative Robert Zoellick called
"deeply flawed," a World Trade Organization (news - web sites) panel
agreed earlier this year with Antigua and Barbuda's claim that the
United States' ban on Internet gambling violated global trade rules.
Although Zoellick said the United States would appeal, the two sides
suspended litigation in June in the hopes of reaching a negotiated
settlement.
"Our delegation presented a number of proposals for the U.S.'s
consideration, but, sadly, they were not prepared to accept them,"
Harold Lovell, minister of tourism, foreign affairs and
international transport and trade for the twin-island Caribbean
state, said in a statement last Friday.
"What they offered as an alternative was not acceptable to us,"
Lovell added.
Trade officials said Antigua and Barbuda was expected to formally
notify the WTO on Nov. 4 that it wants to resume the litigation
process. That would clear the way for the WTO to publicly release
the panel ruling and for the United States to proceed with its
appeal.
state of Antigua and Barbuda have broken off talks to resolve a high
stakes dispute over the U.S. ban on Internet gambling, a U.S. trade
official said on Thursday.
"Unfortunately we were not able to reach a settlement," despite
several meetings over the past four months," said Richard Mills, a
spokesman for the U.S. Trade Representative's office.
Online gambling has grown rapidly, with spending of around $7.5
billion this year, according to industry estimates.
In a decision that U.S. Trade Representative Robert Zoellick called
"deeply flawed," a World Trade Organization (news - web sites) panel
agreed earlier this year with Antigua and Barbuda's claim that the
United States' ban on Internet gambling violated global trade rules.
Although Zoellick said the United States would appeal, the two sides
suspended litigation in June in the hopes of reaching a negotiated
settlement.
"Our delegation presented a number of proposals for the U.S.'s
consideration, but, sadly, they were not prepared to accept them,"
Harold Lovell, minister of tourism, foreign affairs and
international transport and trade for the twin-island Caribbean
state, said in a statement last Friday.
"What they offered as an alternative was not acceptable to us,"
Lovell added.
Trade officials said Antigua and Barbuda was expected to formally
notify the WTO on Nov. 4 that it wants to resume the litigation
process. That would clear the way for the WTO to publicly release
the panel ruling and for the United States to proceed with its
appeal.