Washington, D.C. – The National Foreign Trade Council (NFTC) today applauded House leadership for scheduling a vote on legislation establishing permanent normal trade relations (PNTR) with Russia.
“We welcome the news and commend House leadership for working together to bring Russia PNTR legislation to the floor this week,” said NFTC President Bill Reinsch. “With Russia’s accession to the WTO over two months ago, U.S. companies, exporters and workers are at a competitive disadvantage in the growing Russian market and cannot afford further delay. Approval of PNTR will help to increase U.S. exports, grow the economy and support American job creation.”
“To ensure that U.S. companies, exporters and workers will benefit from Russia’s WTO membership, we urge members of the House to vote in favor of PNTR,” said NFTC Vice President Dan O’Flaherty. “And we urge the Senate to schedule a vote and approve the legislation as soon as possible before adjourning for the year.”