Permanent Normal Trade Relations (PNTR) Status for Russia and U.S.-Russian Economic Ties, Updated February 24, 2010

摘要

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 closer to acceding to the WTO. Members may confront the issue of whether to grant Russia PNTR during the 111th Congress.