Today, U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, hailed Senate passage of bipartisan legislation (H.R. 6156) to grant permanent normal trade relations (PNTR) to Russia and Moldova. The measure passed the Senate by a vote of 92 to 4 and awaits the President's signature to become law.
"This legislation marks a pivotal step forward in our relations with Russia and Moldova," said Hatch. "Strengthening our bilateral trade relations with these nations will provide access to new markets for American businesses, farmers and ranchers, expand our economy here at home, and create much-needed jobs. At the same time, this measure includes strong enforcement tools to ensure Russia lives up to its international trade obligations, and provisions to help advance human rights and the rule of law in Russia. Today's Senate passage of the bill reflects the work of true bipartisanship. We must now build off the success of this trade initiative and continue to work together to enhance America's competitiveness and increase access to new markets around the world."