| The United States Should Establish Permanent Normal Trade Relations with Russia Contributor(s): Åslund, Anders (Author), Hufbauer, Gary Clyde (Author) |
|
 |
ISBN: 0881326208 ISBN-13: 9780881326208 Publisher: Peterson Institute for International Economic OUR PRICE: $20.74 Product Type: Paperback Published: December 2011 |
| Additional Information |
| BISAC Categories: - Business & Economics | International - General - Political Science | International Relations - Trade & Tariffs - Political Science | World - Russian & Former Soviet Union |
| Dewey: 382.097 |
| LCCN: 2012008727 |
| Series: Policy Analyses in International Economics |
| Physical Information: 0.3" H x 6.1" W x 9.1" (0.40 lbs) 200 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: In the coming year, Congress is likely to face a critical vote on granting Permanent Normal Trade Relations (PNTR) to Russia in connection with its impending membership to the World Trade Organization (WTO). A "yes" on PNTR for Russia could set the tone for economic relations between the United States and Russia for the next decade, and would give the global agenda of trade and investment liberalization a fresh boost, as Russia is the last major economy to join the WTO. Congressional failure to permanently normalize trade relations would likely have broad consequences, since it would send a clear message of US skepticism that the WTO is a suitable forum for handling commercial relations between major powers. This study presents an analysis of the current US-Russia economic relations, provides estimates on the potential increase in US exports to Russia, and potential growth of two-way trade within the WTO framework. Drawing on conclusions from this analysis, and from previous work conducted by the Institute on US-Russia relations, this monograph summarizes the implications of PNTR for US producers, Russian economic growth, and bilateral commercial relations. |