ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

Legislation will increase access to Russia's growing market.

Print | 
Email |  Comment   Share  
December 19, 2012 - President Obama signed the Russia and Moldova Jackson-Vanik Repeal Act to grant the U.S. Permanent Normal Trade Relations with Russia. As the ninth-largest economy in the world, the Russian market presents a great opportunity to grow exports and create American jobs. NAM worked extensively to educate members of Congress of the importance of PNTR legislation to manufacturers, holding countless meetings in both House and Senate. Additionally, NAM Key Voted H.R. 6156 in both chambers.

Russia PNTR Positive Step Toward Boosting Exports


(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

National Association Of Manufacturers (NAM)
1331 Pennsylvania Ave. N.W.
Washington, DC, 20004
USA



Press release date: December 14, 2012

President Obama Signs Bill That Will Increase Access to Russia’s Growing Market

Washington, D.C., – Today, President Obama signed the Russia and Moldova Jackson-Vanik Repeal Act (H.R. 6156) to grant the United States Permanent Normal Trade Relations (PNTR) with Russia. In August, Russia officially joined the World Trade Organization (WTO), and this law will enable manufacturers in the United States to access the growing Russian market, which will help create American jobs.

“This is a great example of how Washington can come together to pass and sign legislation that will help support jobs and grow exports,” said Alcoa Inc. Vice President for Global Public and Government Affairs and National Association of Manufacturers (NAM) Russia Trade Relations Task Force Chairman Daniel Cruise. “Manufacturers in the United States can now begin to take advantage of the full benefits of Russia’s WTO membership.”

The NAM worked extensively to educate members of Congress of the importance of PNTR legislation to manufacturers, holding countless meetings in both the House and Senate. Additionally, the NAM Key Voted H.R. 6156 in both chambers.

“Manufacturers have worked diligently to advocate for passage of this legislation, which will help us grow exports and support jobs,” said NAM President and CEO Jay Timmons. “As the ninth-largest economy in the world, the Russian market presents a great opportunity to grow exports. It is vital to manufacturers’ competitiveness that we take advantage of every opportunity to reach new export markets. In the future, we look to the Administration and Congress to move forward with additional market-opening agreements to help level the playing field for manufacturers in the United States.”

-The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org .
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



 See related product stories
More .....
 See more product news in:
Services
| Featured Manufacturing Jobs
 Other News from this company:
NACD and Associquim Sign Memorandum of Understanding
Good News on ACA Implementation - Kind of
Participate in Manufacturing Day - Mark Your Calendars for October 4!
Business Group Praises Bipartisan Introduction of Bill Preventing Costly and Unnecessary Regulation of Main Street Risk Management
Manufacturers Win in Fight Against NLRB Overreach
More ....
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story
Search for suppliers of
Trade Associations


Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address