ABSTRACT

Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties [June 16, 2011]   [open pdf - 140KB]

"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. […] 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."

Report Number:
CRS Report for Congress, RS21123
Author:
Publisher:
Date:
2011-06-16
Series:
Copyright:
Public Domain
Retrieved From:
Via E-mail
Media Type:
application/pdf
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