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 as approved the accession package. 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. Therefore, Members of the 112th Congress confront the issue of whether to authorize PNTR for Russia.


This package includes following files:

#	File Name	Document Date	Order ID:	Number of Pages	Price
1	RS21123.pdf	Mar 20, 2012	RS21123	6	$19.95	Add to Cart

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