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Examples
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While the U.S. signed off on the deal, it still must remove a key barrier: A Cold War-era provision, known as the Jackson-Vanik amendment, that limits trade with Russia.
WTO Entry to Benefit Russian Economy Sudeep Reddy 2011
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For the U.S., one last legislative obstacle to improved trade with Russia is the so-called Jackson-Vanik amendment to a 1974 federal law, which prevents permanent normal trade relations with Moscow and could disrupt WTO benefits if it isn't repealed.
Russia to Join WTO William Mauldin 2011
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In 1974, the U.S. effectively denied the Soviet Union normal trade status due to emigration restrictions through a measure called Jackson-Vanik.
Obama Seeks Agreement With Russia, China on Iran Tom Barkley 2011
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Mr. Biden told Mr. Medvedev on Wednesday and Prime Minister Vladimir Putin Thursday that the U.S. would press hard for Russia's accession to the WTO and the repeal of the so-called Jackson-Vanik amendment, passed in 1974 to deny "most favored nation" trade status to the Soviet Union as a way to pressure the communist government to allow more Jewish emigration.
Biden Decries Russian Corruption During Visit Jonathan Weisman 2011
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And two decades after the end of the Cold War we still maintain trade restrictions (called the Jackson-Vanik amendment) against the Russians for no good reason.
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In a letter to Trade Representative Ron Kirk, Senate Finance Committee Chairman Max Baucus, a Democrat, and three colleagues suggested the restraints, known as the Jackson-Vanik amendment, could remain if Russia did not fix problems with its trade policies.
Reuters: Top News 2011
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In a letter to Trade Representative Ron Kirk, Senate Finance Committee Chairman Max Baucus, a Democrat, and three colleagues suggested the restraints, known as the Jackson-Vanik amendment, could remain if Russia did not fix problems with its trade policies.
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Russia's membership would require Obama to persuade U.S. lawmakers to approve "permanent normal trade relations" PNTR with Russia by lifting a Cold War-era restriction on trade known as the Jackson-Vanik amendment.
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Russia's entry into the WTO would require the U.S. Congress to vote to establish "permanent normal trade relations" with Russia by removing a Cold War-era human rights provision known as the Jackson-Vanik amendment that is inconsistent with WTO rules.
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If Obama is successful in shepherding Russia into the WTO, he will have to ask Congress to approve "permanent normal trade relations," or PNTR, with Moscow by removing a Cold War trade provision known as the Jackson-Vanik provision.
Reuters: Top News 2010
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