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U.S.-Russian Trade Relations

U.S.-Russian Trade Relations. Executive Summary.

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U.S.-Russian Trade Relations

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  1. U.S.-Russian Trade Relations

  2. Executive Summary Russia's accession to the WTO and the passage of H.R. 6156 has opened up a new frontier in U.S.-Russia trading relationship, with opportunities that benefit both Countries. However, Major challenges exist from of property rights to foreign policy differences, that could affect future trade.

  3. Source Links • http://www.fas.org/sgp/crs/row/RS21123.pdf • http://www.ustr.gov/webfm_send/3619 • http://www.brookings.edu/research/testimony/2012/03/21-arms-control-pifer • http://www.ustr.gov/about-us/press-office/blog/2012/december/what-theyre-saying-pntr-russia-moldova • http://www.reuters.com/article/2012/12/07/us-usa-russia-beef-idUSBRE8B611420121207 • http

  4. Overview of Relationship • A relationship of frustration and mistrust with brief moments of understanding. • This has affected trade -Areas of U.S. Agricultural Exports -Issues concerning corruption, mainly property rights

  5. The New Trade Law • Permanent Normal Trade Relations Status for Russia. • Magnitsky Rule of Accountability Act 2012 • Opportunities for U.S. trade: -Manage trade issues with Russia in a rule-based framework -Create opportunities for American Exporters

  6. Trade Data • U.S. Russia Terms of Trade • U.S.-Russia Terms of Trade

  7. Benefactors For New Trade Relations Boeing General Electric TechAmerica National Association of Manufactures Business Roundtable

  8. Challenges Moving Forward • Agricultural Exports • Intellectual Property Rights • Non-Trade Related Tensions

  9. Policy Recommendation • Take Advantage of Trading Opportunities • Continue to Monitor Russia's anti-piracy efforts • Resolve Agricultural differences • Reduce tensions with Russia.

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