Congressional Research Service Reports - 2 Matching Results

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Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties

Description: Granting Russia permanent normal trade relations (PNTR) status requires a change in law because Russia is prohibited from receiving unconditional and permanent NTR under Title IV of the Trade Act of 1974. This provision includes the so-called Jackson-Vanik amendment. Extension of PNTR has implications for Russia's accession to the World Trade Organization (WTO). This report examines this legislative issue in the context of Russian accession to the WTO and U.S.-Russian economic ties.
Date: March 7, 2011
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department

Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties

Description: The change in Russia's trade status will require legislation to lift the restrictions currently applied to Russia under Title IV of the Trade Act of 1974, which includes the "freedom-of-emigration" requirements of the Jackson-Vanik amendment. The process for Russia's accession to the World Trade Organization (WTO) is proceeding and may be completed soon. As a result, Members may confront the issue of whether to grant Russia permanent normal trade relations (PNTR) status during the 112th Congress.
Date: June 16, 2011
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department