I support efforts to help our nation's manufacturers and farmers by increasing their opportunities to export American made products.
After nearly two decades of negotiations Russia became a member of the World Trade Organization (WTO) in August. Unfortunately the United States has yet to act on permanent normal trade relations (PNTR) with Russia. We already trade with Russia and granting PNTR and repealing the Jackson-Vanik provision would level the playing field for U.S. exports with Russia.
If the United States fails to grant PNTR with Russia we will be hurting efforts to boost U.S. exports and create needed jobs for American families.
In July, I led my freshman class in support of the effort to boost trade opportunities for American farmers and businesses by extending PNTR status to Russia. Seventy-two members in my class joined me in sending a letter to President Obama encouraging the president to move forward with free and fair trade with Russia. We support repealing the Cold War-era trade restriction known as Jackson-Vanik so American businesses and farmers will not be at a disadvantage to international competitors now that Russia has joined the WTO.
It is critical that the United States take action to give Russia PNTR status as quickly as possible so that American exporters can gain access to the Russian market through the WTO. This will allow our nation's businesses to compete for access to the Russian market on a level playing field. The Russian market offers an immense opportunity to boost exports, create jobs, and grow our economy at a time when many Americans need jobs.