12
June 2012

Magnitsky Act will be linked with Russian trade bill in Senate

Foreign Policy

The bill to grant Russia Permanent Normal Trade Relations (PNTR) was introduced in the Senate Tuesday and the head of the Senate Finance Committee promised he will combine it with a bill to sanction Russian human rights violators.

Sen. Max Baucus (D-MT), who is the main sponsor of the PNTR bill and who will shepherd the legislation through his Finance Committee and then on the floor, has agreed to link it to the Magnitsky bill and pledged to pass them both this year. In doing so, Baucus secured the support of Sen. John McCain (R-AZ) for the PNTR bill, which includes a repeal of the 1974 Jackson-Vanik law that was set in place to punish the Soviet Union for refuses to let Jews emigrate.

“It is clear the Magnitsky Act has overwhelming support in the Senate and growing support in the House,” Baucus wrote in a letter today to McCain, Sen. Ben Cardin (D-MD), Sen. Joe Lieberman (I-CT), and Sen. Roger Wicker (R-MS). “It is equally clear that many of our colleagues are rallying around the position you have advanced — that the repeal of Jackson-Vanik for Russia must be accompanied by passage of the Magnitsky Act. I am fully committed to ensuring that the Senate can act on both items this year.”

After receiving that letter, McCain joined with Baucus, International Trade Subcommittee Ranking Member John Thune (R-SD), and Foreign Relations Committee Chairman John Kerry (D-MA) in unveiling the PNTR legislation, which they said allows U.S. business to take full advantage of the Russian market when Russia officially joins the WTO later this summer.

“This is an opportunity to double our exports to Russia and create thousands of jobs across every sector of the U.S. economy, all at no cost to the U.S. whatsoever. We give up nothing as part of this process — not one single tariff reduction — so it’s truly a one-sided benefit for the U.S.,” Baucus said in a press release. “Jackson-Vanik served its purpose during the Cold War, but it’s a relic of another era that now stands in the way of our farmers, ranchers and businesses pursuing opportunities to grow and create jobs… The clock is ticking for us to move, so we need to act now.”

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12
June 2012

Moscow trade move on US agenda

Financial Times

Momentum is growing in Congress for legislation to normalise US trade relations with Russia in connection with its looming accession to the World Trade Organisation.

A bipartisan group of influential senators on Tuesday introduced a bill that would grant “permanent normal trade relations” status to Russia, calling for fellow lawmakers to approve the legislation over the next two months.

The bill – sponsored by Max Baucus, the chairman of the Senate finance committee – would also repeal the Jackson-Vanik amendment, a provision of US law designed in the 1970s to restrict trade with countries that restrict emigration.

“Jackson-Vanik served its purpose during the cold war, but it’s a relic of another era that now stands in the way of our farmers, ranchers and businesses pursuing opportunities to grow and create jobs,” said Mr Baucus. “We owe it to American workers and businesses to enable them to take advantage of the doors opening in Russia.”

The move comes amid persistent concerns harboured by many US lawmakers about Russia’s foreign policy – particularly with regard to Syria – as well as the pace of political and economic reforms, and human rights in the country.

In fact, Mr Baucus said he planned to introduce an amendment to the PNTR legislation called the “Magnitsky” bill – which is opposed by Russia – allowing the US to freeze assets and deny entry to Russian officials deemed responsible for human rights abuses.

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12
June 2012

Bill for normal trade with Russia meets opposition

Associated Press

A Senate plan to lift Cold War restrictions on trade with Russia drew immediate resistance from Senate Republicans who said Congress must first address Russia’s poor human rights record and existing economic and political policies.

Senate Finance Committee Chairman Max Baucus, D-Mont., on Tuesday introduced bipartisan legislation to normalize trade relations with Russia by repealing the 1974 Jackson-Vanik act that tied trade with the then-Soviet Union to Moscow’s allowing Jews and other minorities to leave the country.

The repeal of Jackson-Vanik is necessary if U.S. businesses are to enjoy the lower tariffs and increased access to Russian markets that will become available when Russia joins the World Trade Organization this summer. Supporters of normalized trade said it could lead to a doubling of U.S. exports to Russia.

“Jackson-Vanik served its purpose during the Cold War, but it’s a relic of another era that now stands in the way of our farmers, ranchers and businesses pursuing opportunities to grow and create jobs,” Baucus said in a statement.

Baucus was joined in sponsoring the bill by Senate Foriegn Relations Committee chairman John Kerry, D-Mass., and Republicans John McCain of Arizona and John Thune of South Dakota.

But eight Finance Committee Republicans, led by ranking Republican Orrin Hatch of Utah, wrote a letter to Baucus saying that Congress cannot ignore ongoing issues with Russia in moving to normalize trade relations.

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12
June 2012

Top US Senators Introduce Bill to Lift Trade Restrictions With Russia

Wall Street Journal

A bipartisan group of senators introduced legislation Tuesday to lift trade restrictions on Russia, with the aim of passing the bill along with measures to protect human rights in the country before it joins the World Trade Organization as expected this summer.

The bill would approve permanent, normal trade relations with Russia by the August recess, a top trade priority for the Obama administration.

But Senate Finance Committee Chairman Max Baucus (D., Mont.) also vowed to incorporate provisions being championed by an increasing number of lawmakers on both sides to punish Russian officials for any human-rights violations.

Administration officials have called for Congress to pass the trade bill separately from any human-rights legislation, a plan that has also been supported by Rep. Dave Camp (R., Mich.), chairman of the House Ways and Means Committee, which overseas trade issues.

Mr. Baucus said that once the Senate passes the bill, he would work with the House to ensure any final version of the legislation includes the full text of the so-called “Magnitsky” bill, named after a lawyer who died in a Russian prison in 2009 after accusing government officials of fraud.

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12
June 2012

Baucus to pair Russian trade bill with Magnitsky human rights measure

The Hill

The chairman of the Senate Finance Committee is linking support for increased trade with Russia to a human rights bill that could punish Russian officials.

Senate Finance Committee Chairman Max Baucus (D-Mont.) on Tuesday announced in a letter he backs a plan to pair legislation granting normal trade relations with Russia with the so-called Magnitsky legislation that would freeze assets and deny U.S. visas to Russian officials linked to human rights abuses.

The bill is named for Sergei Magnitsky, a Russian lawyer who died while in police custody.

Russia is strongly opposed to the Magnitsky bill and has warned its passage would cool relations with the U.S. and could lead to retaliation. The Obama administration does not support the legislation.

Multinational companies have also expressed alarm at the Magnitsky bill, fearing it could result in sanctions on their businesses.

But Sen. Ben Cardin (D-Md.) and other supporters of the bill argue the U.S. must take a tougher stand against human rights abuses in Russia. They hope to force the issue by paring the bill with legislation granting Russia permanent normal trade relations, a requirement for the U.S. with Russia’s entry to the World Trade Organization.

If the U.S. does not grant Russia the improved trade status, Russia could impose higher tariffs on U.S. products.

Baucus’s letter to Sens. John McCain (R-Ariz.), Ben Cardin (D-Md.), Roger Wicker (R-Miss.) and Joe Lieberman (I-Conn.) said he backs their position that passage of permanent normal trade relations for Russia is contingent upon passage of the Magnitsky bil.

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12
June 2012

Moscow vows ‘response’ if U.S. passes bill named for whistleblower

World Tribune

The U.S. House of Representatives Foreign Affairs Committee approved a bill this week that would blacklist several dozen Russian officials linked to the November 2009 death of lawyer Sergei Magnitsky.

The Kremlin has responded vehemently to the proposed action, promising to blacklist certain U.S. officials from entering Russia.

Magnitsky was a lawyer who worked for the UK-based Hermitage Capital Management firm in Russia.
In that capacity, he accused Russian tax and police officials of embezzling $230 million and was arrested by Russian police. He was beaten to death while in police custody, triggering an uproar from Russian and international human rights groups.

The Kremlin has tried to cover up the crime and has refused to cooperate with independent investigations.
The outrage reverberated in Washington. Last year, a group of U.S. senators led by John McCain (R-AZ) introduced a bill that would blacklist Russian officials involved in the case from entering the United States. unshaven girls hairy woman https://zp-pdl.com/get-a-next-business-day-payday-loan.php https://zp-pdl.com/online-payday-loans-cash-advances.php срочный займ

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11
June 2012

US: New Bill Sanctions Magnitsky Officials

OCCRP

The United States House of Representatives unanimously passed a bill on Thursday to impose sanctions on a group of Russian officials connected to the death of Sergei Magnitsky, a Russian anti-graft lawyer who died in a Russian prison.

Magnitsky was arrested in November 2008 on charges of tax evasion, days after he accused Russian state tax authorities of participating in a $230 million tax refund fraud. He died a year later in a Moscow pre-trial detention center.

According to the US Committee of Foreign Affairs, the Sergei Magnitsky Rule of Law Accountability Act of 2012 will impose “sanctions [visa ban and asset freeze] on those responsible for the harassment, abuse, and death of Sergei Magnitsky, a Russian lawyer who was murdered during his investigation of corruption in the Russian government.”

The bill was introduced in April, by the Tom Lantos Human Rights Commission co-chairman Jim McGovern.

The opponents of the bill expressed fears that the new legislation would have a negative effect on the US-Russia relations, and could harm US exports to Russia. The U.S. National Foreign Trade Council (NFTC) urged the Congress on Wednesday to oppose the bill.

According to the NFTC President Bill Reinsch “The Sergei Magnitsky Rule of Law Accountability Act is seriously flawed.” He adds that “This legislation would harm U.S. relations with Russia and many other nations, and would jeopardize the significant benefits arising from Russian concessions during its WTO accession negotiations.”

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11
June 2012

US House Committee of Foreign Affairs votes Unanimously for the Sergey Magnitsky Bill

International Criminal Law Bureau

The human rights situation in Russia has long held a position in the agenda of the international human rights community. While several inter-governmental institutions and States have denounced the stifling of free speech and freedom of assembly, the harassment of journalists, the disappearances and the torture, any effort to tackle these issues cannot be described by such institutions and league of states as anything else than a failure. Upon an exposed disappearance one can count on strong words by the EU, the US and others. One can also count on the fact that not one government official will call their counterparts in Moscow and press them to investigate and bring those responsible to justice. Russia is a country with increasing number of middle class consumers and rich in natural resources. The conventional wisdom goes that Europe and US need the trade with Russia. This wisdom also trusts that the problems with human rights never spill into the area of international business. On 16 November 2009 this was proven wrong.

Sergei Leonidovich Magnitsky died on that day in the Matrosskaya Tishina Prison in Moscow, Russia. He was a young, bright tax-lawyer, working for an internationallaw firm Firestone Duncan in Moscow. He loved his job. He loved his country. When he noticed that some corrupt officials were trying to steal $230,000,000 from their client, the Hermitage Capital Management fund, he reported this to the police. Instead of investigating this, the authorities had Sergey arrested. In prison they pressured him to sign a declaration to the effect that his report was false. He refused. On the evening of 16 November, the ambulance crew waited outside his prison door until he was dead. He had endured nearly 12 months of abuse.

The authorities thought that as with their other sanctioned acts of barbarism, the storm of criticism over this would also blow over in time. But after over two years, it remains on the global front page.

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11
June 2012

Human rights concerns complicate efforts to ramp up Russia trade

The Hill

Congress, the Obama administration and business groups are ramping up efforts to pave the way this summer for improved trade relations with Russia, but that work is being complicated by parallel efforts to address human rights concerns in that country.

While the push is being made to repeal the Jackson-Vanik amendment and grant permanent normal trade relations, some lawmakers are also eager to pass a measure designed to signal to Moscow that human rights and national security violations won’t be tolerated as that nation prepares to join the World Trade Organization (WTO).

In the ever complicated realm of U.S.-Russia relations, supporters of repealing Jackson-Vanik — a 37-year-old provision designed to put pressure on Communist nations for human-rights abuses and emigration policies — are emphasizing that Russia’s entry into the WTO does not require the U.S. to pass any additional measures .

The United States gives up nothing and won’t be required to change its laws, said Edward Gerwin, senior fellow for trade and global economic policy at Third Way, told The Hill.

Not only are normal trade relations denied to nations that restrict emigration, but without a repeal, U.S. businesses would lose the benefits derived from a more open Russian market, putting companies at a competitive disadvantage.

We’re not rewarding the Russians, Gerwin said. From a policy standpoint keeping Jackson-Vanik doesn’t get us anywhere, he said.

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