New lobbyist registrations on trade issues include:
The House Rules Committee on Nov. 13 gave its approval for a closed vote on Russia Permanent Normal Trade Relations (PNTR), thus preventing the addition of amendments that could further slow the process. The bill (HR-6156) would repeal the Jackson-Vanik amendment, which limits U.S. trade with communist countries. The bill being considered includes the so-called Magnitsky rule, which calls for repercussions for Russian leaders thought to be involved in the death of a Russian lawyer, Sergei Magnitsky. The Magnitsky language was a sticking point for several lawmakers involved with the PNTR bill. A vote on the legislation is expected this week. Meanwhile, the Office of Management and Budget said the Obama Administration strongly supports the bill. The OMB statement is (here).
The House Rules Committee scheduled a Nov. 13 hearing on legislation that would grant Russia Permanent Normal Trade Relations (PNTR). The bill (HR-6156) would repeal the Jackson-Vanik amendment, which limits U.S. trade with communist countries. The bill being considered by the Rules Committee also includes the so-called Magnitsky rule, which calls for repercussions for Russian leaders thought to be involved in the death of a Russian lawyer, Sergei Magnitsky. The Magnitsky language was a sticking point for several lawmakers involved with the PNTR bill.
A coalition of more than 500 trade associations and businesses called the Coalition for U.S.-Russia Trade said Congress should "move quickly" in the lame duck session to approve Permanent Normal Trade Relations (PNTR) with Russia, they said in a letter to Congress. A similar letter to President Barack Obama urged the President to work with Congress on the issue. Coalition members include the National Association of Manufacturers, the National Foreign Trade Council, the Securities Industry and Financial Markets Association, the Information Technology Industry Council and the American Farm Bureau Federation. Since Russia joined the World Trade Organization in August, the coalition said U.S. competitors in Europe, China and elsewhere are happy to "step in and take advantage of meeting Russia's needs not only in infrastructure and modernization of its industrial base, but also the demands of a growing consumer class that is highly educated and appreciates quality." Until Congress passes Russia PNTR, U.S. executives will be relegated to an "observer" status as foreign competitors "snap up contracts that will lock in commercial relationships for years to come," they said.
Congressional members heavily involved in international trade matters were largely victorious in the 2012 elections. House Ways and Means Chairman Dave Camp (R-Mich.) and Ranking Member Sander Levin (D-Mich.), both won reelection, as did Senate Finance Committee Ranking Member Orrin Hatch (R-Utah). House Ways and Means Trade Subcommittee Chairman Kevin Brady (R-Texas) and Ranking Member Jim McDermott (D-Wash.) also both won. House Homeland Security Committee Chairman Peter King (R-N.Y.) and Ranking Member Bennie Thompson (D-Miss.) were reelected, as was Rep. Henry Cuellar (D-Texas), Ranking Member House Homeland Security Subcommittee on Border and Maritime Security. Rep. Mike Rogers (R-Ala.), chair of the House Homeland Security Subcommittee on Transportation Security, also won reelection.
New lobbyist registrations on trade issues include:
New lobbyist registrations on trade issues include:
Lawmakers from the House Ways and Means and Senate Finance Committees lauded the Oct. 22 announcement of the U.S.-Panama Free Trade Agreement entering into force at the end of the month.
CBP needs to increase counterfeit interception efforts to help prevent the entrance of fake and faulty auto parts into the U.S., Sen. Carl Levin (D-Mich.) said in an Oct. 18 letter to Department of Homeland Security Secretary Janet Napolitano. "It is estimated that millions of counterfeit auto parts enter the United States every year with only a fraction being intercepted at the border," said Levin.
New lobbyist registrations on trade issues include: