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Reply To: EU Strikes Deal With US

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#756727
Anonymous
Inactive

More info from the AP, this time the statement from Gretchen Hamel on the deal…

A spokeswoman for the US Trade Representative’s office (USTR) confirmed an earlier report from a European official, and noted that Japan and Canada were also included in the agreement settling the World Trade Organization complaint.

“The agreement involves commitments to maintain our liberalized markets for warehousing services, technical testing services, research and development services and postal services relating to outbound international letters,” said Gretchen Hamel, the USTR spokeswoman, in a statement.

“These commitments meet our WTO obligation … to make a compensatory adjustment in our WTO services commitments.”

Hamel said the deal allows for a 45-day period “in which the remaining claimants have a right to request arbitration. We will continue to discuss this matter with the other claimants to explain how our proposal is consistent with our WTO obligations.”

The statement made no specific reference to Antigua and Barbuda, the small Caribbean state that is home to many online betting operations and which challenged the US ban at the Geneva-based WTO.