Obama signs Russia’s PNTR status into law

Trade & Trends

Monday, December 17, 2012

President Obama on Friday signed legislation that grants Russia permanent normal trade relations (PNTR). The 2012 Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law and Accountability Act will allow the United States to apply the World Trade Organization agreement to Russia, offering new trade opportunities for U.S. businesses and allowing the United States to address trade disputes with Russia in the WTO system, if necessary. “The United States s...

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