The Jackson-Vanik Amendment and Candidate Countries for WTO Accession: Issues for Congress

Description:

This report gives an analysis of the unconditional most-favored-nation (MFN) status, or in U.S. statutory parlance, normal trade relations (NTR) status, which is a fundamental principle of the World Trade Organization (WTO). This conflicts with the U.S. laws under Title IV of the Trade Act of 1974 that limits trade status with several nations undergoing accession into the WTO. On June 12, 2012, Sen. Max Baucus introduced a bill with bipartisan co-sponsorship to authorize PNTR for Russia. The report includes information about MFN status and the WTO, the Jackson-Vanik Amendment restricting trade, the case of China, and prospective WTO accessions.
Creator(s): Cooper, William H.
Location(s):
Creation Date: June 13, 2012
Partner(s):
UNT Libraries Government Documents Department
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Collection(s):
Congressional Research Service Reports
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Creator (Author):
Cooper, William H.

Specialist in International Trade and Finance

The Jackson-Vanik Amendment and Candidate Countries for WTO Accession: Issues for Congress
Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: June 13, 2012
Coverage:
Place
United States
Place
China
Description:

This report gives an analysis of the unconditional most-favored-nation (MFN) status, or in U.S. statutory parlance, normal trade relations (NTR) status, which is a fundamental principle of the World Trade Organization (WTO). This conflicts with the U.S. laws under Title IV of the Trade Act of 1974 that limits trade status with several nations undergoing accession into the WTO. On June 12, 2012, Sen. Max Baucus introduced a bill with bipartisan co-sponsorship to authorize PNTR for Russia. The report includes information about MFN status and the WTO, the Jackson-Vanik Amendment restricting trade, the case of China, and prospective WTO accessions.
Physical Description:

8 pages.
Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
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Collection:
Congressional Research Service Reports
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Identifier:
Resource Type: Report
Format: Text