The Obama Administration endorses repealing a Cold War-era law that used trade restrictions to punish former Soviet bloc nations for restricting the emigration of citizens. Acting Commerce Secretary Rebecca Blank backed the repeal of the Jackson-Vanik Amendment yesterday at a Capitol Hill lunch hosted by the Senate Aerospace Caucus and the Aerospace Industries Association (AIA) trade group. The Jackson-Vanik Amendment restricts United States trade relations with communist, or formerly communist, nations that restricted emigration and other human rights. Blank said…
Obama Administration Endorses Increasing Exports To Russia By Repealing Cold War-Era Law
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