On the recordJune 19, 2012
If we don't repeal Jackson-Vanik, we are going to be at that higher arbitrary rate against competitors from around the world.
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Ron Kirk
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congress.govIf we don't repeal Jackson-Vanik, we are going to be at that higher arbitrary rate against competitors from around the world.
Discussing the importance of repealing Jackson-Vanik for trade competitiveness.
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When Russia becomes a part of the World Trade Organization, they have committed to reasonably full liberalization of their services market.
If we don't repeal Jackson-Vanik, to the degree that Russia is opening up liberalizing its services market, investment market, we lose all of the benefits of that.
Congressman, it will certainly open up more markets, particularly in services Russia is committed to.