The adoption of the bill before the Senate committee puts an end to the debate about the fate of the Jackson-Vanik amendment. Adopted in 1974 addition to the U.S. law prohibits the sale to provide preferential treatment to countries that violate the rights of its citizens to emigrate. Although since 1989 the Congress declared a moratorium on the annual the amendment, formally it is still not canceled.
The White House has repeatedly said that after Russia's accession to the WTO in August, an amendment will be a serious impediment to U.S. companies. This position was supported by the major U.S. business associations. In June, the National Foreign Trade Council, which involved leading companies, including Boeing, Microsoft, and Caterpillar, asked Congress to accelerate the adoption of a law establishing "permanent normal trade relations with Russia." A similar request made and the business association of USA Engage, which are involved in the work of 670 U.S. companies, and on Tuesday a letter to the head of the Finance Committee, sent a vice-president of the Chamber of Commerce, Bruce Josten.
Despite such impressive support, the head of the Finance Committee, Max Baucus failed to persuade his colleagues to hold a separate debate on two bills. Against the performance by a group of influential senators, led by a representative of Utah's Orrin Hatch. In a letter to the head of the committee senators have announced that the establishment of "normal trade regime" with Russia is impossible as long as the Senate determines the ratio of the "violations during the elections and the illegitimate regime of Vladimir Putin," as well as attempts to suppress civil protests in Russia . The list of claims and support of the Russian Federation were the Assad regime, the threat of a strike against targets European missile defense, "the ongoing theft of American intellectual property" and corruption.
No comments:
Post a Comment