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Old 05-24-2007, 07:24 PM
Jay Cohen Jay Cohen is offline
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Join Date: Apr 2006
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Default Re: Antigua WTO Press Release-US action contrary to purpose of GATS

http://www.theregister.co.uk/2007/05...o_us_gambling/

Antigua calls for pirates to return to Caribbean

House of Cards Antigua and Barbuda - a nation of 70,000 in an area roughly half the size of San Francisco - has formally requested that the WTO allow it to suspend its intellectual property obligations to the United States, AP reports.
Although many in the US have mocked tiny Antigua'a case against the US with a shrug of the shoulders, the Antiguans have always carried in their pockets a nuclear option of sorts. Most Americans view trade disputes through the prism of tit-for-tat protectionist schemes. A perceived price subsidy leads to retaliatory tariffs, etc; but the obligations imposed by WTO obligations run deeper than that.

Repeated violation of WTO commitments in the face of contrary WTO rulings allows a victimized member country ultimately to suspend its own WTO obligations to the offending nation - a form of restitution much more punitive than tariffs alone. America runs a steady and hefty trade deficit in virtually every category of international trade other than intellectual property.
Were the WTO - with possible European, Japanese, and Chinese support - to allow the Antiguans to suspend all intellectual property obligations to the United States, the American IP industry could face a tiny adversary with an unlimited right to reproduce for its own benefit American IP goods of any kind..............(Click on link to read the balance)
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