World and National Editor
RCN America Network
Today President Barak Obama signs HR 6156 into law, which terminates the application of the Jackson-Vanik Amendment to Russia and Moldova and authorizes the President to extend Permanent Normal Trade Relations (PNTR).
"The passage of this bill will allow American businesses to reap the same economic opportunities in Russia’s markets that other World Trade Organization members receive, resulting in greater access for American workers, companies, farmers, ranchers, and service providers and the creation of more American jobs." Says Mark C. Toner, Deputy Spokesperson for the US State Department.
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