Russia welcomes US moves to scrap trade restrictions
ITAR-TASS
Moscow, 28 October: Russia welcomes the start of consultations between the US administration and congressmen on the "full and complete withdrawal of Russia from the action of the notorious Jackson-Vanik amendment to the 1974 trade law", the Russian Foreign Ministry told ITAR-TASS on Saturday [27 October].
Moscow claims that the lifting of the amendment "will be another graphic confirmation of positive changes in Russian-American cooperation and an indicator of the new nature of partnership relations between the two nations".
The Foreign Ministry specified that the Jackson-Vanik amendment has blocked, for many years, the granting to Russia of most-favoured-nation trade status with the United States on a permanent and unconditional basis, inflicting damage on the spirit of constructive and equal cooperation between the two countries.
According to the ministry, it "is regarded by right among the last anachronisms of the epoch of confrontation and mistrust".
