Senate passes Russia PNTR Bill

Categories: Newsletter Government News, Top Stories, Dealer News | Author: Mike Williams | Posted: 12/6/2012 | Views: 228

The United States Senate approved H.R. 6156, "The Russia and Moldova Jackson-Vanik Repeal Act of 2012," by the impressive margin of 92 to 4 on Thursday. Upon enactment, the bill will establish Permanent Normal Trade Relations (PNTR) with Russia and Moldova. The action follows last month's approval of the bill by the House by a similarly lopsided margin, and the bill now goes to the president's desk to be signed into law. NAEDA had supported this bill's passage.