House lauded for addressing Russia favored status

Europe

Tuesday, November 13, 2012

The National Foreign Trade Council (NFTC) on Monday lauded applauded Congress leadership for scheduling a vote on legislation establishing permanent normal trade relations (PNTR) with Russia in the U.S. House. Russia gained admission to the WTO in August , but it continues to be precluded from PNTR status due to U.S. human rights legislation from the 1970s - part of a 1974 provision called the Jackson-Vanik amendment, dating back to when the then Soviet government hindered emigra...

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