PNTR/WTO
PNTR/WTO

Author: United States. Congress. Senate. Committee on Small Business

Publisher:

Published: 2002

Total Pages: 224

ISBN-13:

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Why It's in the US Interest to Establish Normal Trade Relations with Russia
Why It's in the US Interest to Establish Normal Trade Relations with Russia

Author: Anders Åslund

Publisher:

Published: 2011

Total Pages: 88

ISBN-13: 9780881326208

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Presents an analysis of the current US-Russia economic relations, provides estimates on the potential increase in US exports to Russia, and potential growth of two-way trade within the WTO framework. Drawing on conclusions from this analysis, and from previous work conducted by the Institute on US-Russia relations, this monograph summarises the implications of PNTR for US producers, Russian economic growth, and bilateral commercial relations.

PNTR/WTO
PNTR/WTO

Author: United States. Congress. Senate. Committee on Small Business

Publisher:

Published: 2002

Total Pages: 232

ISBN-13:

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

Author: William H. Cooper

Publisher:

Published: 2012

Total Pages: 6

ISBN-13:

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U.S.-Russian trade is governed by Title IV of the Trade Act of 1974, which conditions Russia's normal trade relations (NTR) status, including the "freedom-of-emigration" requirements of the Jackson-Vanik amendment. On December 16, 2011, the 153 members of the World Trade Organization (WTO) invited Russia to join the organization, after Russia completed an 18-year accession process. The WTO requires each member to accord newly acceding members "immediate and unconditional" most-favored-nation (MFN) status, which is called NTR in U.S. law. Russia is expected to formally join the WTO sometime in the summer after its parliament has approved the accession package, which is expected to occur sometime in early July. In order to comply with the WTO rule, the United States would have to change Russia's status from conditional NTR to unconditional or permanent NTR (PNTR).