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

Abstract

At several meetings with Russian President Vladimir Putin, President George W. Bush stated that his administration will work with the Congress to grant Russia permanent "normal trade relations" (PNTR) status. 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. On November 19, 2006, U.S. and Russian officials signed the bilateral agreement on Russia's accession to the World Trade Organization (WTO). This step allowed Russia to move much closer to acceding to the WTO and also made it likely that the 110th Congress will confront the issue of whether to grant Russia PNTR. This report will be updated as events warrant.

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Document Details

Document Type
Technical Report
Publication Date
Jul 10, 2007
Accession Number
ADA476720

Entities

People

  • William H. Cooper

Organizations

  • Library of Congress

Tags

Communities of Interest

  • Air Platforms

DTIC Thesaurus Topics

  • Agreements
  • Cold War
  • Commerce
  • Congress
  • Determinants (Mathematics)
  • Foreign Policy
  • Governments
  • Intellectual Property
  • International Trade
  • Investments
  • Law
  • Markets
  • National Security
  • Property Rights
  • Regulations
  • United States
  • Ussr

Fields of Study

  • Economics
  • Political science

Readers

  • Asian Economic Studies
  • International Relations and Conflict Resolution
  • Nuclear Non-Proliferation and International Security