Clinton, addressing the Asia Pacific Economic Forum (APEC)
meeting in Vladivostok, said the Obama administration was
working closely with Congress on lifting the 1974 Jackson-Vanik
amendment, Cold War-era legislation which has blocked normal
trade privileges for Russia.
“To make sure our companies get to compete here in Russia,
we are working closely with the United States congress to
terminate the application to Jackson-Vanik to Russia and grant
Russia permanent normalized trade relations,” Clinton said.
“We hope that the Congress will act on this important piece
of legislation this month.”