For the United States to be able to engage in free trade with a foreign nation, the status of permanent normal trade relations (PNTR
)--or most-favored-nation--has to be granted.
bill, in a provision that infuriates Moscow, directs Obama to publish the names of Russians allegedly involved in the abuse and death of Sergei Magnitsky, a Russian anti-corruption lawyer who died in a Russian jail in 2009.
Supporters of PNTR
for Russia believe these figures will come into closer balance once the new law goes into effect.
2000 (2000 Act), creating PNTR
between the United States and China.
3406 that would authorize PNTR
for Russia and also for
Predictably, the Russians have voiced displeasure with the Magnitsky Act and business leaders hoping for quick passage of PNTR
to Russia have urged Sen.
For example, in addressing the PNTR
case, he analyzes how President Bill Clinton and his administration, with support from industrial, commercial, and agricultural interest groups, had to fight against the coalition of labor unions (AFL-CIO), human rights groups, and religious organizations to win congressional support to grant China the PNTR
By Congress not granting PNTR
via repeal of the Jackson-Vanick amendment, the more than 150 other members of the WTO would have access to enhanced Russian market commitments while American producers would not.
Thus, the real problem with PNTR
's passage actually centered on the word "Permanent" itself.
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In this light, President Clinton's championing of the North American Free Trade Agreement, the Uruguay Round of GATT, creation of the WTO, and PNTR
for China was merely a continuation of his party's commitment to "liberal internationalism."
(Were Vietnam to gain admission to the WTO without achieving PNTR
, it would be the only nation in the WTO without that status.) Achieving PNTR
will solidify the advantages of trading with Vietnam for U.S.