Antigua and Barbuda for US IP rights suspension
The Government of Antigua and Barbuda is preparing to approach parliament about the legislation of US intellectual property rights that were authorised earlier this year by the World Trade Organisation (WTO).
Antigua and Barbuda’s WTO Remedies Implementation Committee recommended that the government should establish the board to manage and operate the “ultimate platform” for the monetisation of such rights.
In addition, a separate announcement is due to be made with regard to the opening of tenders for private-sector participation in the operating of the platform.
Prime Minister Baldwin Spencer said he was satisfied with the work done by the Committee.
“In the face of the ongoing failure of the United States to negotiate with Antigua and Barbuda a reasonable settlement of this dispute, the implementation of trade remedies awarded by the WTO is an important international responsibility; and I am pleased that the Committee continues working with expedience, meeting as scheduled and focusing on its mandate to utilise the WTO remedies in a responsible and proper manner,” he said.
“This will give Antigua and Barbuda a tangible benefit for our years of perseverance on this matter.
“Be assured that resolving the WTO Gaming case in a fair, reasonable and positive way is a top priority of the Government of Antigua and Barbuda.”