today's posted documents
- U.S.-Taiwan Relationship: Overview of Policy Issues -- Click to view this document
- The Lacey Act: Compliance Issues Related to Importing Plants and Plant Products -- Click to view this document
- Burma's Political Prisoners and U.S. Sanctions -- Click to view this document
- Energy and Water Development: FY2013 Appropriations -- Click to view this document
- Cybersecurity: Authoritative Reports and Resources -- Click to view this document
- Veterans' Medical Care: FY2013 Appropriations -- Click to view this document
- Interior, Environment, and Related Agencies: FY2013 Appropriations -- Click to view this document
- Table Egg Production and Hen Welfare: Agreement and Legislative Proposals -- Click to view this document
- Sugar Program: The Basics -- Click to view this document
- Positive Train Control (PTC): Overview and Policy Issues -- Click to view this document
For Power Users
FULL TEXT CRS DOCUMENTS
Find documents
Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties
U.S.-Russian trade is governed by Title IV of the Trade Act of 1974, which conditions Russia's normal trade relations (NTR) status, including the "freedom-of-emigration" requirements of the Jackson-Vanik amendment. On December 16, 2011, the 153 members of the World Trade Organization (WTO) invited Russia to join the organization, after Russia completed an 18-year accession process. The WTO requires each member to accord newly acceding members "immediate and unconditional" most-favored-nation (MFN) status which is called NTR in U.S. law. Russia is expected to formally join the WTO sometime in the summer after its parliament has approved the accession package which is expected to occur sometime in early July. In order to comply with the WTO rule, the United States would have to change Russia's status from conditional NTR to unconditional or permanent NTR (PNTR). The change in Russia's trade status will require legislation to lift the restrictions of Title IV of the Trade Act of 1974 as they apply to Russia and authorize the President to grant Russia PNTR. On June 12, 2012, Senator Max Baucus, Chairman of the Senate Finance Committee, introduced legislation (S. 3285) to remove the application of Title IV to trade with Russia. Therefore, Members of the 112th Congress confront the issue of whether to authorize PNTR for Russia. Some Members of Congress want to link congressional consideration of PNTR for Russia with S. 1039 and H.R. 4405-the Sergei Magnitsky Rule of Law Accountability Act of 2012. Bills: S. 1039, H.R. 4405
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
RS21123.pdf
|
Jun 15, 2012 | RS21123 | 6 | $19.95 | Add to Cart |
Older Versions: