The U.S. has a trade blockade with the island due to its offering of Internet gambling services, even though the WTO had ruled in Antigua's favor multiple times.
Antiguan officials now hope to make some income back through the new warez site.
Gambling was a major business for Antigua, up until a couple of years ago when the U.S. took the unprecedented step of shutting down all American access to gambling sites, most notably sports betting and poker.
"What was once a multi-billion dollar industry in our country, employing almost 5 percent of our population has now shrunk to virtually nothing," said Antigua's High Commissioner to London Carl Roberts.
The WTO previously ruled that the U.S. block of Antiguan gambling companies violated free-trade. The group then ruled that Antigua can "suspend U.S. copyrights up to $21 million annually." The government now plans to use this option, selling U.S. media to customers worldwide (up to $21 million worth), without giving a penny to the copyright holders.
Antigua hopes to launch the site in the very near future and has already informed the WTO.
Written by: Andre Yoskowitz @ 26 Jan 2013 19:54
