Suit was filed in U.S. federal court to require President Barack Obama to lift from Russia trade restrictions imposed on the USSR in 1974 under the Jackson-Vanik amendment. The plaintiffs - former Soviet dissident Edward Lozansky and Anthony T. Salvia, an expert on U.S.-Russia relations - assert that the President has the authority to lift the sanctions. “What was good 30 or 40 years ago may not be appropriate today,” Lozansky said. Jackson-Vanik prohibited granting most-favored nation to communist ("non-market economy") countries in trade relations with the U.S. unless they permitted free emigration. Due to unrelated trade and political issues, Russia is still under the restrictions, although for years Russia has been a market economy and has satisfied the amendment's emigration requirements.
http://gazeta.ru/politics/2011/04/19_a_3588157.shtml
http://www.prnewswire.com/news-releases/washington-moscow-news-conference-suit-filed-to-require-president-obama-to-lift-jackson-vanik-for-russia-120106354.html
Tuesday, April 19, 2011
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