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A relic1 of the Cold War era between the United States and Soviet2 Union could soon be an obstacle to improving trade between the U.S. and Russia, experts say.
The relic in question is known as “the Jackson-Vanik amendment,” which Congress passed as a modification5 to the 1974 Trade Act that regulated commerce between the United States and nations that were then controlled by communist governments.
Under Jackson-Vanik, Washington could not establish normal trade relations with another country unless that country granted its citizens full and unrestricted rights to emigrate. At the time, the Soviet Union and its Warsaw Pact6 allies severely7 restricted emigration.
“Congress initially8 passed the law in response to the Soviet Union’s emigration restrictions9, particularly with respect to its Jewish citizens,” Sen. Max Baucus, chairman of the Senate Finance Committee, said during a recent hearing. “Jackson-Vanik served its purpose. It helped millions of Jews emigrate freely.”
“But it is now a relic of the past,” Baucus said. “Every president, regardless of political party, has waived10 Jackson-Vanik’s requirements for Russia for the past 20 years.”
Economic impact
The Obama administration agrees, saying U.S. businesses will suffer unless Congress repeals12 Jackson-Vanik. Repeal11 would open the way for U.S. companies to continue doing normal business on a permanent basis with Russia, which is expected to become a full member of the Geneva-based World Trade Organization (WTO) this year.
The WTO, which oversees13 the rules of international trade, approved Russia’s membership application last December and trade experts expect Moscow to ratify14 the agreement by July.
As a full WTO member, Moscow must agree to a series of trade rules, including a ceiling on tariff15 levels imposed on imported goods and the protection of intellectual property. In addition, Russia will have to amend3 its economic and trade laws to make them conform to international standards.
“First, it applies to a country that no longer exists - the Soviet Union,” Anders Aslund, a Russia expert with the Peterson Institute for International Economics, told VOA. “Secondly, the problem in question is emigration and that has not been a problem for many years.”
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1 relic | |
n.神圣的遗物,遗迹,纪念物 | |
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2 Soviet | |
adj.苏联的,苏维埃的;n.苏维埃 | |
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3 amend | |
vt.修改,修订,改进;n.[pl.]赔罪,赔偿 | |
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4 amendment | |
n.改正,修正,改善,修正案 | |
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5 modification | |
n.修改,改进,缓和,减轻 | |
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6 pact | |
n.合同,条约,公约,协定 | |
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7 severely | |
adv.严格地;严厉地;非常恶劣地 | |
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8 initially | |
adv.最初,开始 | |
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9 restrictions | |
约束( restriction的名词复数 ); 管制; 制约因素; 带限制性的条件(或规则) | |
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10 waived | |
v.宣布放弃( waive的过去式和过去分词 );搁置;推迟;放弃(权利、要求等) | |
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11 repeal | |
n.废止,撤消;v.废止,撤消 | |
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12 repeals | |
撤销,废除( repeal的名词复数 ) | |
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13 oversees | |
v.监督,监视( oversee的第三人称单数 ) | |
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14 ratify | |
v.批准,认可,追认 | |
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15 tariff | |
n.关税,税率;(旅馆、饭店等)价目表,收费表 | |
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16 repealed | |
撤销,废除( repeal的过去式和过去分词 ) | |
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