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USA*Engage, NFTC Express Disappointment Over Senate Foreign Relations Committee Passage of Sergei Magnitsky Rule of Law Accountability Act
Date: 6/26/2012
Written By: Jennifer Cummings, The Fratelli Group for NFTC, (202) 822-9491

Washington DC – USA*Engage and the National Foreign Trade Council (NFTC) today expressed disappointment with the Senate Foreign Relations Committee's passage of S. 1039, the Sergei Magnitsky Rule of Law Accountability Act. The organizations released the following statement.

"We are extremely disappointed in today's passage of S. 1039," said NFTC President Bill Reinsch. "This bill, if passed, will not only unnecessarily complicate U.S.-Russia relations, it has the potential to damage U.S. diplomatic relations worldwide."

"What began as a protest against a horrifying human rights violation has unfortunately led to the creation of yet another unilateral U.S. sanctions regime," said USA*Engage Director Richard Sawaya. "The legislation approved today goes far beyond holding those who harmed Magnitsky accountable, with its call to address human rights violations ‘anywhere in the world.' Passing such legislation will have serious political and diplomatic implications."

"The scope of this legislation should stay true to its original purpose and be limited to measures against Russian persons involved directly in the death of Sergei Magnitsky. As the Administration has already taken steps to enact appropriate measures regarding this human rights violation, we strongly urge Congress to refrain from taking any further steps that would put U.S.-Russia relations in unnecessary peril," concluded Reinsch.
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About USA*Engage
USA*Engage (www.usaengage.org) is a coalition of small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad. Established in 1997 and organized under the National Foreign Trade Council (www.nftc.org), USA*Engage leads a campaign to inform policymakers, opinion leaders, and the public about the counterproductive nature of unilateral sanctions, the importance of exports and overseas investment for American competitiveness and jobs, and the role of American companies in promoting human rights and democracy worldwide.


About the NFTC
Advancing Global Commerce for Nearly A Century- The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.
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