House Approves Bill Normalizing Trade With Russia

Law360, New York (November 16, 2012, 2:43 PM EST) -- The U.S. House of Representatives on Friday passed a law that would normalize trade relations with Russia, removing Cold War-era restrictions that prevented the U.S. from realizing the full benefits of Russia's recent entry to the World Trade Organization.

With a 365-43 vote, the House passed a bill that would repeal the Jackson-Vanik amendment — a provision passed in 1974 that aimed to punish the Soviet Union for human rights abuses — and extend permanent normal trade relation status to Russia and Moldova. The House bill...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.