Will South American Market Open it Doors for Foreign Companies
August 9th, 2009Author: Carmine Dutrow
At the conference in Chile, the World Bank expressed its support of the online casino gambling industry. If to be exact, the Bank considers that international trade is much better for both global and national economies that protectionist regulations like those implemented in the US, Chile and other countries.
The World Bank would rather see the countries open their markets to foreign competition than encourage state monopolies, as favoring of local products makes an economy less stable in the long run.
So far, there have been no WTO actions implemented against the USA. However, the World Bank let Chile know that the EU and the WTO are about to come down very hard on the US government.
