Today 73 House Republican freshman sent a letter to President Obama affirming their support and commitment to work with the President on passing legislation to give Russia permanent normal trade relations (PNTR). Russia’s ascension to the WTO can provide manufacturers in the U.S. with a tremendous opportunity to increase exports to a large growing market.
Russia is expected to join the WTO in early August and if Congress waits to pass Russia PNTR legislation manufacturers will be left on the sidelines while our competitors are given full access to the Russian market.
Manufacturers continue to call on Congress to act on legislation as soon as possible. With our economy stalling and manufacturers facing an unfavorable business environment we need to continue to increase exports to support jobs. Congress can take an easy step with passing Russia PNTR legislation swiftly.
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