It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
WASHINGTON — A bipartisan group of US senators introduced legislation Tuesday that would scrap a decades-old law imposing trade restrictions on Moscow, saying it’s necessary as Russia joins the WTO.
Washington’s former Cold War adversary has been given the green light to join the World Trade Organization, which means the Russian and US governments will need to grant each other permanent normal trade relations (PNTR) by the time the accession is complete.
Washington would need to lift a 1974 law, the Jackson-Vanik amendment, under which normal trade relations are granted to Russia only on an annual basis.
Biden urges repeal of Jackson-Vanik amendment
The Bell Tolls for Jackson-Vanik Amendment?
Congress has discussed the possibility of graduating Russia from Jackson-Vanik several times in the past decade
Republicans on Capitol Hill are at odds on whether Congress should repeal a Cold War trade measure...
Originally posted by xuenchen
With all the hoopla over Iran and Syria, maybe Russia is really a "friend" after all ?