ANTIGUA-Antigua believes “another generation” will be needed to settle the WTO dispute with the US.

ST. JOHN’S, Antigua, CMC – Antigua and Barbuda says it believes “another generation” may be required to settle the agreement with the United States over the decades-old World Trade Organization (WTO) ruling in favor of the Caribbean island as any hope of a settlement on the horizon “is beginning to fade.”

Antigua and Barbuda had taken its case against the US to the WTO in 2003 regarding its online gambling industry following Washington’s efforts to prosecute foreign-based suppliers of online gambling services.

St. John’s had argued that the North American country had violated the General Agreement on Trade in Services (GATS), a WTO treaty that governs international trade in services. The GATS. The GATS was established in 1995 as part of the Uruguay Round negotiations.

The WTO ultimately ruled in favor of Antigua and Barbuda and awarded the country the right to suspend US$21 million annually in intellectual property rights held by US firms.

In 2018, Antigua and Barbuda’s Ambassador to the United States, Sir Ronald Sanders, said that Sanders said his country had lost US$315 million so far, equivalent to more than a quarter of its annual gross domestic product and less than 0.1 percent of the US economy.

Although the WTO awarded Antigua and Barbuda the right to use trade sanctions to recoup its losses, it opted for a settlement and has not received any payment from the United States to date.

Ambassador Lionel’ Max’ Hurst, the Chief of Staff in the Office of the Prime Minister, spoke on the Observer Radio here. He said he does not hope for a settlement of the matter soon, particularly with a new administration taking office on Monday.

He said that any “agreement with the United States” is beginning to fade as one administration leaves and another takes over as president.

“Although the State Department is not the major actor in this controversy. The US Trade Representative Office is the deciding force, and thus far, we have not been able to persuade them.

“I think it will take almost another generation to get that done. The United States is not moving…the United States is not as generous as it once was,” he said, recalling that when the deep water harbor here was built in 1967-68, it was mainly undertaken with “US money” coming from “US Eximbank loaned to a non-independent Antigua and Barbuda.”

In 2018, the then-US ambassador Dennis Shea told the WTO meeting that Antigua and Barbuda had made “extreme demands,” and” monetary payments were not provided for under the rules. The United States had made repeated offers to settle the row, to no avail, he said then.

But Sanders said that none of the US offers amounted to even one percent of the damage caused, noting that “the WTO dispute settlement was conceived as a system where all members, irrespective of their size, would have their rights protected. ”

International trade observers say the dispute exemplifies the potential for market access commitments to have unexpected and undesirable consequences. The potential for suspending intellectual property rights as a retaliatory measure may increase the leverage of small countries in trade disputes with large countries. Still, implementing and managing such a suspension may be difficult and costly.

“We are moving forward; the United States is still our most important trading partner, and we intend to continue to massage that relationship and that at some point the US will relent and provide us with the monies they owe us,” Hurst told radio listeners.