-Congressman Gregory W. Meeks (D-NY), senior member of the House Financial Services Committee, Foreign Affairs Committee, and Co-Chair of the bipartisan Caucus on U.S.- Russian Trade and Economic Relations, released the following statement on the U.S. Senate Finance Committee sending to the floor legislation authorizing Permanent Normal Trade Relations with Russia.
"The U.S. Senate Finance Committee took an important step today, sending to the floor legislation authorizing Permanent Normal Trade Relations (PNTR) with Russia. I look forward to the House swiftly passing similar legislation and keeping U.S. business competitive in world markets. PNTR will do this. It will allow our companies to take advantage of the benefits and protections to follow Russia's entry into the World Trade Organization, next month. It will expand our exports to an important and growing market. It will create jobs in the United States! It is time to pass PNTR, and I will continue to encourage my colleagues to make this happen!"