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Friday, December 10, 2010

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

William H. Cooper
Specialist in International Trade and Finance

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 of Report: December 2, 2010
Number of Pages: 9
Order Number: RS21123
Price: $19.95

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