Obama welcomes granting normal trade relations status to Russia

Author: us-russia
Comments: 0
Category: News
Obama welcomes granting normal trade relations status to Russia
Published 7-12-2012, 01:41
The US President Barack Obama has said in a statement that he welcomes the fact that the US Senate approved a bill Thursday on granting Russia a permanent normal trade relations status, and that he is ready to sign it into law.

Obama said he is content that the House and the Senate have worked on a bipartisan basis on the bill to abolish the Jackson-Vanik amendment on Russia, which makes it possible for the President to grant Russia the status of normal trade relations.

President Obama adds that he will be pleased to receive the approved bill and sign it into law.

The US Senate passed the combined Magnitsky-Jackson-Vanik trade and human rights bill Thursday.

The bill envisages sanctions on Russian officials allegedly linked to the 2009 death of the Hermitage Group lawyer Sergey Magnitsky in a pre-trial detention center as well as other human rights violators. At the same time it cancels the JV amendment which imposed trade restrictions on the USSR back in 1974 due to its emigration policy.

The Senate approved a version envisaging sanctions only against Russians, and not the earlier proposed draft which imposed sanctions on human rights abusers all over the world.

Voice of Russia

 

Comments: 0
Category: News
Experts' Panel
Are the U.S. and Russia...
The Sunday, February 24 edition of Russian state television’s...
Are the U.S. and Russia...
Top
popular in the journal
From July 4, 1776 to June 12, 1990

From July 4, 1776 to June 12, 1990

June 12th for Russians is to some extent the equivalent of July 4th for Americans when the former colony of the British Empire has declared its independence. ...
Vladimir Putin: The Real Lessons...

Vladimir Putin: The Real Lessons...

The Russian president offers a comprehensive assessment of the legacy of World War II, arguing that "Today, European politicians, and Polish leaders in particular, wish ...
RUSSIAN FEDERATION SITREP 11 JUNE...

RUSSIAN FEDERATION SITREP 11 JUNE...

RUSSIA AND COVID. Latest numbers: total cases 502K; total deaths 6532; tests per 1 million 95K. Russia has done 13.8 million tests (second after USA); among ...
Russian Diaspora Group Urges...

Russian Diaspora Group Urges...

WASHINGTON (Sputnik) - The Russian Community Council of the USA (RCC) is urging authorities in Alaska's Sitka to refrain from removing a statue of city founder Alexander ...
\

\'Comrade Trump\': GOP PAC Mocks...

With the US presidential election in November looming large on the horizon, incumbent President Donald Trump is being criticised on many fronts: his response to the ...