The Antigua Sun reports:
Antigua and Barbuda’s claims against the US are likely to reach as high as US$7 billion as the internet gambling dispute continues.
Antigua and Barbuda’s attorney at the World Trade Organisation (WTO) Mark Mendel has warned the US to expect billions more in sanctions as the country prepares to file its claim in respect of America’s decision to withdraw from its General Agreement on Trade in Services (GATS) commitment to international market access in the areas of gambling and betting services.
In June, Antigua and Barbuda initiated an effort to impose trade sanctions valued at US$3.4 billion annually on the United States, filing a claim for concessions primarily through the suspension of Antigua’s copyrights, trademarks, industrial designs and patents obligations to the US.
“The US$3.4 billion is just what we’re entitled to by virtue of them not having complied with the decision,” Mendel said, explaining that Antigua has not yet filed a claim to address the GATS withdrawal issue.
“We haven’t even told them what that claim will be yet. The only thing I told them is it’ll be at least as big as our other claim,” Mendel told the Antigua Sun.
I thought people would want to know how its going.