Export Group Urges Senators to Support PNTR for Russia
A group of U.S. corporations, trade associations and small businesses actively seeking to increase U.S. exports to Russia released a letter with more than 100 signatures urging U.S. senators to co-sponsor legislation (S-3285) to enact Permanent Normal Trade Relations (PNTR)…
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with Russia. The group is called the Coalition for U.S.-Russia Trade (www.usrussiatrade.org). Russia joining the World Trade Organization "represents a strong deal that includes transparency and accountability commitments that will encourage an improved environment for business," said Randi Levinas, executive director of the coalition and executive vice president of the U.S.-Russia Business Council (www.usrbc.org). "The Russia PNTR bill introduced last week supports U.S. businesses and workers seeking to tap into export and sales opportunities in Russia's large and growing market. ... Without PNTR in hand when Russia joins the WTO, our companies risk losing out not only on lucrative contracts but also on opportunities to share good corporate governance rules and best business practices."