18 May 2012

Normal Trade Relations Needed With Moscow?


China was given permanent normal trade relationship status by the Congress in the year 2000. In 2001 people in Beijing cheered at news of the attacks by Al Qa'eda on Washington D.C. Russia alternatively worked to defend against the Moslem terror agenda. Russia has been denied permanent normal trade relationship status by the Congress since the end of the cold war as if its leadership was more conservative than that of the Central Committee of the Chinese Communist Party that rules over the modest business liberalization in that nation. That paradox seems consistent with the faulty reasoning of Congress on economic matters since the end of the Tip O'Neil era.
The president of the U.S. Chamber of Commerce has written an article in support of granting PNTR status for Russia. That nation already pays for 11 billion dollars of U.S. exports and services annually (well, in 2011 at least), and the prospects for more business could increase substantially if a normal trade relationship status is effected.

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