Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012

Floor Speech

Mr. VAN HOLLEN. Madam Speaker, I rise in support of H.R. 6156, which would extend to the Russian Federation and the Republic of Moldova permanent normal trade relations (PNTR). While Russia completed its ascension to the World Trade Organization (WTO) earlier this year, U.S. businesses are currently at a competitive disadvantage to world competitors and we cannot utilize WTO dispute mechanisms because of a Cold War-era law that has outlived its purpose. The Jackson-Vanik amendment rightly restricted trade relations with the former Soviet Union until it allowed Jews to emigrate freely--and it accomplished that objective.

Now, it is important that we extend PNTR to Russia to allow our businesses to compete in the Russian market and to make use of WTO mechanisms that will force Russia to play by the rules. There are enormous opportunities for American exporters in the Russian market, especially for manufacturers of machinery, aircraft, and computer and electronic parts.

While this bill is not perfect, it sets strong enforcement procedures by requiring the U.S. Trade Representative (USTR) to report annually to Congress on Russia's implementation of its WTO obligations (including food safety issues, intellectual property protections, and implementation of the WTO Information Technology Agreement and Agreement on Government Procurement). This legislation also requires the USTR and State Department to report on Russia's promotion of the rule of law, which must improve to provide certainty to investors, curb bribery and corruption, and most importantly improve human rights.

That is why I am pleased that this legislation also includes provisions from the Sergei Magnitsky Rule of Law Accountability Act, which hold accountable those responsible for the detention and death of Russian activist Sergei Magnitsky. This sends a message to Russia that ascension to the WTO comes with responsibilities, including compliance with international trade agreements, enforcement of the rule of law, and protection of human rights--especially those of political dissenters.

Again, this bill is not perfect and could have included stronger enforcement provisions to ensure the protection of labor groups in Russia. Unfortunately, it was considered under a closed rule and no amendments were permitted. It is essential, however, that we extend PNTR to allow our businesses to compete and WTO enforcement mechanisms to function.

I urge my colleagues to support this legislation.

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