Jeopardizing Competitiveness Of US Businesses In Russia

Law360, New York (June 5, 2012, 1:30 PM EDT) -- U.S. businesses are eager to benefit from Russia’s accession to the World Trade Organization once the Russian State Duma ratifies the membership terms, as expected this summer. As various U.S. Senate committees are holding hearings to decide whether to support graduating Russia from the controversial Jackson-Vanik amendment (Section 402 of the Trade Act of 1974, as amended; 19 U.S.C. 2432) and to extend to Russia permanent normal trade relations status, a number of major U.S. companies (including General Electric Co., The Boeing Co., Caterpillar Inc., Ford...
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