Posts Tagged ‘baucus’
In Trade Deal With Russia, U.S. Plans Sanctions for Human Rights Abuses
In the two decades since the end of the cold war, the United States has extended its economic reach to the far corners of the old Communist world, establishing full-fledged trade ties with the likes of Ukraine, Armenia and Kyrgyzstan. Even still-Communist nations like China and Vietnam have been granted full trading status. But not Russia.
That seems about to change. For the first time since the fall of the Soviet Union, a bipartisan coalition in Congress has agreed to normalize trade relations with Russia, the onetime adversary in the long struggle between capitalism and communism. But at a time of renewed tension with Moscow, lawmakers have decided to grant the status with one large caveat — that Russian officials be held responsible for human rights abuses.
Legislation moving through the House and Senate with support from both parties would lift restrictions imposed in the 1970s under the so-called Jackson-Vanik law, permanently establishing normal trade relations with Russia, one of just a handful of nations left in the world still denied them. In doing so, Congress would potentially double Russian-American trade and fulfill a goal that eluded Presidents Bill Clinton and George W. Bush.
Yet in imposing sanctions for human rights violations, lawmakers are defying not just the Kremlin of Russia’s president, Vladimir V. Putin, but also President Obama, who while embracing the normalization of trade lobbied against mixing the issues. In effect, foreign policy experts said, the legislation represents a judgment by Congress that in his effort to repair relations with Moscow, Mr. Obama has not paid enough attention to freedom and democracy.
Read More →
Facebook
Twitter
Google Buzz
LinkedIn
del.icio.us
Google Bookmarks
Yahoo! Buzz
Tumblr
StumbleUpon
FriendFeed
NewsVine
Digg
Baucus Announces Markup of Jobs Bill Establishing Permanent Normal Trade Relations with Russia
US Senate Committee on Finance
With Russia Joining the WTO, Finance Chairman’s Mark Will Enable U.S. Businesses to Capitalize on Increased Market Access.
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) today released his Chairman’s Mark of a bill to establish permanent normal trade relations (PNTR) with Russia and remove Russia from the 1974 Jackson-Vanik amendment, which will enable U.S. businesses to capitalize on Russia’s growing market. Baucus also scheduled a markup to take place at 9:30 a.m. on Wednesday, July 18,in Room 215 of the Dirksen Senate Office Building. Baucus’s bill would support and create thousands of U.S. jobs across every sector of the American economy, including manufacturing, agriculture and services, by helping double U.S. exports to Russia within five years.
“Increasing our exports to Russia will help create new jobs and give America’s economy the shot in the arm it needs. Our exports to Russia will double within the next five years if we pass PNTR soon, which will mean thousands of jobs supported or created across the country. And this economic boost will come at no cost to us whatsoever. We will not have to change one single tariff or trade law,” Baucus said. “Russia is joining the WTO no matter what Congress does – their legislature has already voted and put the wheels in motion – so we need to act soon. My bill will put American businesses, farmers, ranchers and workers in a position to succeed and grow, and that’s exactly what our economy and workers need.”
Russia’s lower house of parliament, the State Duma, recently approved an agreement to join the World Trade Organization (WTO). Russia’s upper house, the Federation Council, is expected to take up the measure soon, after which Russia will officially join the WTO 30 days later. As part of the “accession” process, as it is known, Russia will lower tariffs and increase market access for foreign businesses from countries with which it has permanent normal trade relations. Congress must pass legislation establishing PNTR by the time Russia joins the WTO for U.S. businesses to see the full economic benefits of the deal.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Russian delegation hits Washington to lobby against “Magnitsky” sanctions
The Russians are coming to Washington; in fact, they are already here. But they aren’t happy.
A Russian parliamentary delegation is in the U.S. capital to lobby American lawmakers against a bill sanctioning Russian officials implicated in human rights abuses — a move Moscow considers offensive outside interference in its affairs.
After some meetings on Capitol Hill, the four-man Russian delegation on Wednesday did not have a lot of progress to report from their lobbying against the “Magnitsky bill,” named after Sergei Magnitsky, an anti-corruption Russian lawyer who died in 2009 after a year in Russian jails.
But they had a warning.
“We really don’t want that the U.S. Congress adopts this bill that has the potential to deteriorate U.S.-Russia relations for years or even for decades to come. It will become a real irritant in U.S.-Russia relations,” delegation member Vitaly Malkin told reporters, speaking through a translator at the Russian embassy.
A Russian parliamentary investigation into the Magnitsky case is underway, the group said, displaying a dossier with what they said were the preliminary findings.
The Magnitsky bill pending in Congress would require the United States to deny visas and freeze the assets of Russians linked to Magnitsky’s death, as well as those of other human rights abusers in Russia. The Senate version, sponsored by Democrat Ben Cardin, would extend the sanctions to human rights abusers anywhere in the world.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Time running out for Russia trade bill
The Russian parliament is expected to vote to join the World Trade Organization (WTP) on Tuesday, giving Congress a short window to either adopt trade legislation or risk seeing U.S. companies trail competitors in the world’s ninth-largest economy.
Establishing normal trade relations with Russia is a no-brainer for U.S. businesses eyeing a vast export market, but lawmakers in the House and Senate are still debating how to do that while retaining leverage over the country on human rights.
Once the Russian parliament ratifies accession to the world trade body, Russia will automatically become a WTO member within 30 days. If the vote happens Tuesday, it means Congress would have to act before the August recess to prevent U.S. companies from losing out.
“The [Obama] administration has consistently urged Congress to terminate application of the Jackson-Vanik amendment and authorize the president to extend permanent normal trade relations to Russia before it becomes a WTO Member,” a spokesperson for the Office of the U.S. Trade Representative told The Hill via e-mail.
Doing so would “ensure that American workers and businesses will be able to reap the full benefits of Russia’s WTO membership and to put them on a level playing field with their competitors in Latin America, Europe and Asia,” the spokesperson said.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Magnitsky Act: Congress Should Uphold America’s Commitment to Human Rights
On Tuesday, the Senate Foreign Relation Committee unanimously passed the Sergei Magnitsky Rule of Law Accountability Act, which would ban Russian officials involved in Magnitsky’s death from entering the U.S. and using U.S. financial institutions. The bill was cleared earlier this month by a House committee.
Russian deputy foreign minister Sergei Ryabkov called the Senate committee’s decision “counterproductive” and threatened “harsh” retaliation, including banning certain U.S. officials from visiting Russia. This past May, the Russian ambassador also threatened to retaliate if the Magnitsky act becomes law.
Be that as it may, the Obama Administration and Congress should not yield to Russian threats but should uphold America’s commitment to human rights. Russian officials should have thanked American lawmakers for stepping in where Russian law enforcement failed abysmally.
Magnitsky’s in a Russian prison is a demonstration of rampant corruption in the Russian state’s highest echelons. Magnitsky was a 37-year-old attorney and accountant who worked for Hermitage, then the largest Western private equity fund in Russia. In the course of his work, he uncovered a giant alleged corruption scheme that involved embezzlements of $230 million from the Russian treasury by law enforcement and tax officials.
After making accusations, he was placed in prison, where he was beaten mercilessly by guards and denied medical care, which led to his tragic death. An investigation by the Russian Presidential Council on Human Rights has confirmed as much. However, this has not resulted in the punishment of those involved. On the contrary, some of the culprits were even promoted and decorated.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Senate panel OKs bill on Russian human rights Eds
A Senate panel moved ahead Tuesday on legislation that would impose tough sanctions on Russian human rights violators, a bill certain to be linked to congressional efforts to lift Cold War-era restrictions on trade with Russia.
By voice vote, the Foreign Relations Committee approved the measure that would impose visa bans and freeze the assets of those held responsible for gross human rights violations in Russia as well as other human rights abusers. Specifically, it targets those allegedly involved in the imprisonment, torture and death of lawyer Sergei Magnitsky, who died in a Russian jail in 2009.
The bill, sponsored by Sen. Ben Cardin, enjoys strong bipartisan support in the Senate. The Maryland Democrat said he was optimistic that the House would accept his more far-reaching version. The House Foreign Affairs Committee approved a similar bill earlier this month.
“This bill is universal,” Cardin told reporters shortly after the vote. “It’s absolutely motivated by Sergei Magnitsky, but it’s universal in its application.”
The Russian government has expressed strong objections to the bill and suggested that there would be retaliatory measures if it becomes law. The Obama administration has been noncommittal in its public statements about the measure.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Congressional Hearing Highlights the Need to Pass Magnitsky, PNTR to Russia
Yesterday and today, the House Ways and Means Committee and Senate Finance Committee held hearings on Russia’s abysmal human rights record and its looming accession to the World Trade Organization (WTO).
The Obama Administration wants Congress to provide permanent normal trade relations (PNTR) to Russia and scrap the 1974 Cold War–era Jackson–Vanik amendment, which denied Russia most-favored-nation status in trade.
The Administration, represented by Deputy Secretary of State William J. Burns, Secretary of Agriculture Tom Vilsack, and International Trade Representative Ronald Kirk, argued that if Congress does not waive Jackson–Vanik for Russia,U.S.firms will be put at a disadvantage vis-à-vis everyone else when Russia enters the WTO this August.
Private-sector witnesses attending the House hearing included Caterpillar’s CEO Doug Oberhelman, Michigan Farm Bureau president Wayne Wood, president of Argus Ltd. Michael Rae, and senior vice president of Medtronics James P. Mackin.
Russia is one of the world’s largest economies. The President’s Export Council estimates that the currently meager U.S.exports to Russia could increase when Russia joins the WTO. As Burns said:
Congress has a choice: it can extend Permanent Normal Trade Relations (PNTR) to Russia, giving American exporters and workers a level the [sic] playing field in one of the fastest growing markets in the world; or it can keep Jackson-Vanik in place, preventing American companies from reaping the benefits of an unprecedented opportunity to boost trade in a large and growing market.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Senators, Obama administration aim for compromise on Russia trade
Senators and the Obama administration remain at odds over how to proceed on making trade ties permanent with Russia although they are working together on a way forward.
Senate Finance Committee members said Thursday are backing a plan to link legislation repealing Jackson-Vanik, which allow for grant normal permanent normal trade relations (PNTR) with Moscow, with a human rights bill that would punish Russian officials involved with the death of lawyer Sergei Magnitsky, who died in police custody.
Obama administration officials, U.S. Trade Representative Ron Kirk and Deputy Secretary of State William Burns, told the Finance panel on Thursday that they prefer separate tracks for the two measures but will continue to work with lawmakers toward a compromise to pass a measure before the August recess.
Regardless of current differences, lawmakers and Obama administration officials agree that PNTR needs to be granted before Russia joins the World Trade Organziation (WTO) in August.
Burns acknowledged Thursday that there is a “constructive dialogue” continuing with lawmakers and that the administration’s concerns are being considered. He opted to reserve a final opinion on how the administration will react until a bill emerges from the Senate.
House Ways and Means Chairman Dave Camp (R-Mich.), who held a Wednesday hearing, is siding with the Obama administration in pressing for a “clean” PNTR bill.
Support is building on both sides of the Capitol to link the two bills as a way to let Congress express its dissatisfaction with Russia’s record on human rights.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
Baucus Urges Swift Passage of Bill to Create U.S. Jobs by Expanding Trade with Russia
US Senate Committee on Finance
In a Senate Finance Committee hearing held today, Chairman Max Baucus (D-Mont.) called on Congress to pass his legislation by next month enabling U.S. businesses to pursue new job-creating export opportunities in Russia when it joins the World Trade Organization (WTO) this summer. Baucus introduced the bill last week along with International Trade Subcommittee Ranking Member John Thune (R-S.D.), Foreign Relations Committee Chairman John Kerry (D-Mass.) and Armed Services Committee Ranking Member John McCain (R-Ariz.). The bill would establish permanent normal trade relations (PNTR) with Russia and remove Russia from the 1974 Jackson-Vanik amendment, steps necessary for American businesses to capitalize on the new market access Russia must provide as a condition of WTO membership.
“Russia’s accession to the World Trade Organization this summer will mean thousands of new jobs and give a boost to our economy here in the United States, but only if we pass Russia Permanent Normal Trade Relations legislation by August. If we don’t pass PNTR, American workers, businesses, farmers and ranchers will lose out to their competitors in China and Europe,” Baucus said. “Unlike a free trade agreement, we will not lower any of our tariffs or change any of our trade laws – it is a one-sided deal in America’s favor. We can’t ignore the host of difficult issues we face with Russia, but failing to pass PNTR will only harm U.S. exporters and the jobs they create. America needs the jobs PNTR will bring.”
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
