Tag - World Trade Organization
Following Antigua's announced intention to develop a online store using its ability to suspend copyright payments to the US awarded as part of a World Trade Organization (WTO) ruling, US spokesperson Nkenge Harmon warned the island nation that the move would "authorize the theft of intellectual property" and the US and its copyright holders would not tolerate the move.
The World Trade Organization has sided with the US, Japan and Taiwan in an ongoing dispute over European Union tariffs for certain electronics items. A panel has decided that the EU has violated the WTO's Information Technology Agreement by imposing duties on flat-panel displays, multifunction printers and TV set-top boxes.
Duties levied by the European Union on imported consumer electronics violate an international trade agreement, a World Trade Organization panel has ruled recently. According to a Tuesday report, the WTO panel showed its report to the European Commission on Friday, with the US, Japan and Taiwan complaining about the duties.